Zhejiang Beta's Conmana, a Cancer Drug, is a Big Winner

Published: Aug 26, 2013

free biotech news Get the latest biotech news where you want it. Sign up for the free GenePool newsletter today!

by Richard Daverman, PhD

August 23, 2013 -- In 2011, Zhejiang Beta received CFDA approval for Conmana (icotinib), an oral EGFR tyrosine kinase inhibitor that is indicated as a treatment for non-small cell lung cancer. Conmana is a me-too drug, and its clinical trial results were more or less in line with first-gen members of the class. However, its development costs ($20-$30 million) were only a small fraction of its big pharma competitors (up to $1 billion), and development time, from start to finish, was a short eight years.As a result, Zhejiang Beta can offer its drug at a price that undercuts the cost of its big pharma competition by 33%. More details....

Help employers find you! Check out all the jobs and post your resume.

Back to news