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DiaMedica Updates on DM199 Opportunity in South East Asia
Feb. 02, 2016 08:51AM PST
Biotech InvestingDiaMedica Inc. (TSXV:DMA, OTCQB:DMCAF) provided investors with a corporate update.
DiaMedica Inc. (TSXV:DMA, OTCQB:DMCAF) provided investors with a corporate update.
According to the company’s press release:
The Company has commenced discussions for potential collaboration with Chinese pharmaceutical firms for the development and commercialization of DM199 (recombinant human kallikrein-1). DM199 is potentially a replacement of the approved urine-derived kallikrein-1 protein trade named Kailikang® in Southeast Asia for the treatment of acute ischemic stroke. DM199 is a recombinant (synthetic) form of the urine-derived kallikrein-1 product containing the same number and sequence of amino acids. Industry sources have indicated that Kailikang® is a widely used commercially viable product in the Republic of China.
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