vTv Therapeutics Out-licenses COPD Treatment to China's Newsoara
June 01, 2018 at 01:48 AM EDT
vTv Therapeutics of North Carolina out-licensed China and Pacific Rim rights for a clinical-stage treatment aimed at inflammatory conditions to China's Newsoara Biopharma. HPP737, a PDE4 Inhibitor, is expected to treat COPD and other inflammatory diseases. Newsoara will make an upfront payment along with development and commercialization milestones, plus royalties on sales. Based on Phase I trials, vTV believes HPP737 will be better tolerated than currently available PDE4 inhibitors. More details.... Stock Symbol: (NSDQ: VTVT) Share this with colleagues: // //