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HUYA Bioscience International Licenses Clinical Stage Anti-Arrhythmic Compound from the Shanghai Institute of Materia Medica
Date:10/1/2007

product development risk by accessing an extremely broad range of late stage preclinical and early clinical product opportunities and assisting with the generation of early clinical data in China. This information is highly valuable for risk mitigation, as well as the efficient initiation of clinical development in the United States and Europe. Further information about the company is available at http://www.huyabio.com.

ABOUT SIMM

The Shanghai Institute of Materia Medica (SIMM) at the Chinese Academy of Sciences emerged from the Institute of Materia Medica of the Peking Academy of Sciences, founded in 1932. It is currently located in the Zhang Jiang Hi-Tech Park, Pudong New District, Shanghai. SIMM's mission is to provide a comprehensive single-site solution to drug discovery and development. By combining basic and applied research in chemistry and biological disciplines, SIMM carries out modern drug discovery, as well as studies supporting identification of the purified ingredients responsible for the activity of traditional Chinese medicines. SIMM is also involved in the discovery of new therapeutic targets and carries out comprehensive pre-clinical evaluation of drug candidates, while also promoting commercialization; thereby playing a key role in building China's drug innovation capabilities.

For more information please contact:

HUYA Bioscience International, LLC

USA: Mireille Gingras, Ph.D. China: Wen Chen, M.S., M.B.A.

President and Chief Executive Officer Director Business Development

HUYA Bioscience International, LLC HUYA Bioscience International

(858) 798-8800 wchen@huyabio.com

mgingras@huyabio.com

Web site: http://www.huyabio.com

Media Contact:

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