Ascletis Pharma's ASC10 IND application for COVID-19 receives Chinese regulatory approval.
M2 EQUITYBITES-August 4, 2022-Ascletis Pharma's ASC10 IND application for COVID-19 receives Chinese regulatory approval
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China-based Ascletis Pharma Inc. (HKEX: 1672) announced on Wednesday that China National Medical Products Administration (NMPA) has accepted the company's Investigational New Drug (IND) application for ASC10, an oral inhibitor drug candidate targeting RNA-dependent RNA polymerase (RdRp) for COVID-19.
ASC10 is an orally bioavailable double prodrug that has a new...
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