Huya Bioscience International Establishes Strategic Partnership With School Of Medicine And Pharmacy

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9th November 2009, 06:17pm - Views: 482






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MEDIA RELEASE PR37002

HUYA Bioscience International Establishes Strategic Partnership with School of Medicine and

Pharmacy, Ocean University of China


SAN DIEGO, Nov. 9 /PRNewswire-AsiaNet/ --


    HUYA Bioscience International, a leader in globalizing China's biopharmaceutical innovation, today

announced a strategic partnership with the School of Medicine and Pharmacy, Ocean University of China. The

agreement is another in a series of collaborations that HUYA has established with China's leading research

and development institutions to enable and accelerate the global development and commercialization of novel

biopharmaceutical product opportunities originating in China.


    HUYA is one of the first companies to have recognized China's potential to help meet the global need for

new pre-clinical and clinical stage compounds. The agreement with Ocean University of China provides HUYA

with rights of first review and negotiation relating to certain novel therapeutic and diagnostic product

candidates owned or controlled by the University. In return, Ocean University of China gains access to HUYA's

global network of pharmaceutical partners and its expertise in pre-clinical and clinical development.


    "Ocean University is one of China's leading institutions, with considerable expertise in the field of marine

pharmaceutical science," said Michael Newman, Ph.D., Executive Vice President of Oncology at HUYA

Bioscience. "We look forward to collaborating with this prestigious university to bring novel biopharmaceutical

products to the global marketplace."


    "Ocean University is committed to strengthening its research programs in marine pharmaceutical science,"

said Qiangming Wu, Ph.D., Executive Dean, School of Medicine and Pharmacy, Ocean University of China.

"We are pleased to partner with HUYA's expert team to achieve this objective."


    ABOUT HUYA

    HUYA is the leader in global pharmaceutical co-development with China. With six strategic offices in China,

the broadest Chinese compound portfolio, and more exclusive agreements with premier Chinese biotech

centers than any other company, HUYA has pioneered the most innovative and productive approach to

pharmaceutical co-development between the U.S. and China. HUYA has joint headquarter offices in San



    ABOUT OCEAN UNIVERSITY OF CHINA

    Ocean University of China, located in Qingdao, is one of the top universities in China. It is considered a

leader in research in the area of marine pharmaceutical science, and has received numerous awards for its

work. The University has undertaken a large number of research papers and made great contributions to the

construction of the marine-based economy of Shandong Province, including projects such as the seawater

aquaculture. Ocean University has been ranked No. 8 in terms of the number of prizes won for science and

technology advancement awarded by the Ministry of Education. For more information visit



    CONTACT:


    USA:

    Bob Giargiari, MBA, EVP Finance & CFO

    HUYA Bioscience International, LLC

    (858) 798-8800

    bgiargiari@huyabio.com


    China:

    Qing (Vicky) Xia, Scientific Research Manager

    HUYA Bioscience International, LLC

    86 (21) 51323312

People Feature HUYA Bioscience International 3 image

    vxia@huyabio.com


    Media Contact:

    Juliet Travis

    (510) 452-3771

    juliet@travispr.com


    SOURCE:   HUYA Bioscience International


    CONTACT: USA: Bob Giargiari, MBA, EVP Finance & CFO, 

             +1-858-798-8800,

             bgiargiari@huyabio.com, or 


             China: Qing (Vicky) Xia, Scientific Research Manager, 

             +86 (21) 51323312, 

             vxia@huyabio.com, 

             both of HUYA Bioscience International, LLC; or 


             Media: Juliet Travis for HUYA Bioscience International, LLC, 

             +1-510-452-3771, 

             juliet@travispr.com






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