Hua Medicine Terminates Commercialization Agreement with Bayer for Type 2 Diabetes Treatment

MT Newswires Live

2024-11-22

Hua Medicine (HKG:2552) subsidiary Hua Shanghai will terminate its collaboration with Bayer Healthcare for the commercialization of its dorzagliatin tablets for type 2 diabetes, effective Jan. 1, 2025, according to a Friday filing with the Hong Kong Exchange.

Under the agreement, Bayer gained exclusive China commercial rights for HuaTangNing in August 2020.

Hua Medicine may start collaborating with other entities to continue commercializing the diabetes drug, the filing said.

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