Not sure if this will be announced today or not but I'm excited to see some news from Grand Pharma China after crickets for so long
The IND of Grand Pharma’s Global Innovative RDC TLX591-CDx and TLX250-CDx has been accepted by NMPA
Does anyone care to speculate on the market size here and overall approval time and commercial rollout if they are successful in NMPA approval?
It's further impressive that it is not only illuccix but also TLX250-CDx
The Board of Grand Pharmaceutical Group Limited, commented, “The acceptance of the INDs of the Group’s two RDC products by the NMPA is an important progress for the landing of the Group’s radionuclide drug diagnosis and treatment platform in China, and will also lay the solid foundation for the commercialization of the products in China.
Looking forward, the Group will increase investment and development of global innovative products in the field of radionuclide diagnosis and treatment drugs for unmet clinical needs, enrich and improve product pipelines and industrial strategic plan, constantly enhance the Group’s global R&D strength in this field, make contribution to the development of radiopharmaceutical industry in China, and strive to build an internationally leading radiopharmaceutical diagnosis and treatment platform with a dual-system development path of local + global R&D and production.”
Not sure if this will be announced today or not but I'm excited...
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