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ABVC BioPharma Partners with OncoX BioPharma Inc. for Oncology Products
Dec 11, 2024•over 1 year ago
Contract Type
partnership
FremontBiotechnologyPharmaceuticalBiopharma
Description
ABVC BioPharma has secured a $200,000 cash licensing payment from OncoX BioPharma Inc., marking the first installment of a potential $5 million licensing fee. In total, ABVC has received $546,000 from its three strategic partners for licensing various products. This reinforces the shared vision of creating impactful treatments that address current oncology challenges and signifies a pivotal moment in the partnership with OncoX.
Company Information
Company
ABVC BioPharma
Location
44370 OLD WARM SPRINGS BLVD
Fremont, California, United States
About
ABVC BioPharma, Inc. is a clinical-stage biopharmaceutical company developing therapeutic solutions in oncology/hematology, CNS, and ophthalmology. The company has an active pipeline of six drugs and one medical device (ABV-1701/Vitargus®) under development, utilizing in-licensed technology from its network of world-renowned research institutions to conduct proof-of-concept trials through Phase II of clinical development.