Suzhou Connect Biopharma Gains Rights to Arena Pharmaceuticals, Inc.'s Anti-Inflammatory Drugs

by Richard Daverman, PhD

July 25, 2012 -- Suzhou Connect Biopharmaceuticals, Ltd. gained control of two series of anti-inflammatory compounds from Arena Pharma of San Diego. Zheng Wei, PhD, initiated development of the compounds while he was Director of Immunology at Arena, and he is now Co-founder and CEO of Suzhou Connect. Terms of the agreement were not disclosed. More details....

Stock Symbol: (NSDQ: ARNA)

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