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0.111275744554749 0.120165950511187 0.229811823973922 0.212772262557416 0.214994814046525 0.363164913320492 0.323158986516521 0.326122388502
Stock impact report

iBio and CC-Pharming Expand Business Collaboration in China

iBio, Inc. (IBIO) 
NASDAQ:AMEX Investor Relations: ir.ibioinc.com
Company Research Source: GlobeNewswire
NEW YORK, Aug. 26, 2019 (GLOBE NEWSWIRE) -- iBio, Inc. (NYSE AMERICAN:IBIO) today announced that it has expanded the scope of its business venture with CC-Pharming Ltd. by granting it an exclusive, royalty-bearing commercial license to iBio’s bio-better rituximab (“iBio Rituximab”) product candidates for the territory of China. In addition, the Company will grant to CC-Pharming a research license to iBio’s FastPharming System and know-how for the evaluation of multiple product opportunities. Rituximab was first approved by the U.S. Food and Drug Administration in 1997 for treatment of certain B cell non-Hodgkin lymphomas. Since that time, its clinical uses have expanded to encompass treatment of chronic lymphocytic leukemia, as well as a range of autoimmune diseases, including certain types of rheumatoid arthritis. It was ranked as one of the world’s top-10 selling pharmaceuticals in 2018. According to industry reports, Rituximab is Roche Holding AG’s second-biggest selling drug i Show less Read more
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