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BI co-introduces cancer drug
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German pharmaceutical company Boehringer Ingelheim said it had signed a letter of intent with New York listed biopharmaceutical firm Provectus Biopharmaceuticals to co-introduce the latter's cancer drug PV-10 in China's mainland, Hong Kong and Taiwan, according to a joint statement yesterday.
Boehringer Ingelheim will provide support for the drug with the CFDA registration, marketing activities by leveraging its regulatory experience in China, as the company seeks to tap the growing demand of cancer medicines in the country.
"We're prepared to provide support for Provectus need to get PV-10 through the drug development and registration approval process in China," said Stephen Doyle, Vice President and Head of Specialty Care at Boehringer Ingelheim China.
Boehringer Ingelheim will enjoy the priority to be the exclusive collaborator of Provectus in China for PV-10 if the drug gets approved.
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