Insilico Medicine Enters Drug Development Partnership With China Medical System

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Insilico Medicine (HKG:3696) said it entered a drug development partnership with China Medical System (HKG:0867, SGX:8A8), according to a Hong Kong bourse filing Tuesday.

Under the agreement, the two sides will collaborate to co-develop at least two drugs.

Insilico Medicine is expected to receive R&D funding support of up to "several tens of millions of HKD" for each program.

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