Using Partnerships, Hua Medicine Brings Novel Diabetes Drug To Phase III

Six years ago, Hua Medicine (Shanghai) in-licensed global rights to a novel GKA treatment for type 2 diabetes from Roche. Late last year, Hua announced positive results from the candidate's China proof-of-concept Phase II trial. The company also raised $50 million in additional capital during 2016 and has started US clinical development of the GKA candidate. Li Chen, PhD, co-founded Hua with Ge Li, PhD, founder of WuXi AppTec. In an exclusive ChinaBio® Today interview, Dr. Chen talks about Hua Medicine, its GKA candidate and its partnership-based development model.