Yiviva Announces Memorandum Of Understanding With AstraZeneca To Develop Platforms, Technologies, And Innovative Therapeutics Through A Systems Biology Approach
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Yiviva and AstraZeneca China have signed an MOU to collaborate on developing systems biology medicines at AstraZeneca's iCampus in Chengdu, China. This partnership aims to modernize botanical medicines and address global medical needs by integrating traditional Chinese and Western medicine. Yiviva's STAR platform has discovered six drug candidates, with YIV-906 showing promise in early-stage clinical trials for various cancers. The collaboration was announced at the 2023 CIIE, marking AstraZeneca's 30th anniversary in China.
February 05, 2024 | 2:04 pm
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AstraZeneca's partnership with Yiviva aims to develop innovative therapeutics by combining traditional Chinese and Western medicine, focusing on modernizing botanical medicines to meet global medical needs.
The partnership with Yiviva signifies AstraZeneca's commitment to innovation and its strategy to integrate traditional Chinese medicine with Western approaches. This collaboration, especially in the development of promising drug candidates like YIV-906, could potentially lead to breakthroughs in treatment options for various cancers and inflammatory diseases. Given the strategic nature of this partnership and its potential to fill unmet medical needs, it is likely to have a positive short-term impact on AstraZeneca's stock price.
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