Aslan Pharma of Singapore Raises $12 Million for In-licensing
4/28/2011 8:50:08 AM
April 27, 2011 -- Aslan Pharmaceuticals Pte. Ltd. of Singapore announced a $12 million Series A funding, which it will use to in-license novel medicines. The company’s business model is to partner development-stage drugs that are 6-12 months from entering the clinic, perform Phase I and II studies in Asia to obtain Proof of Concept, and then out-license the compounds back to partners for global development. More details....