March 6, 2012 -- Shanghai Duyiwei Biotechnology, a subsidiary of Gansu Duyiwei Biological Pharma, announced an agreement with California-based Apexigen to develop monoclonal antibody drugs to treat cancer. Shanghai Duyiwei is paying $13.8 million to help underwrite Apexigen’s drug development costs. Apexigen previously established collaborations with Simcere Pharma and 3SBio. More details....
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