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Tigermed Sets Up Subsidiary, Hunan Tigermed Xiangya Drug R&D Ltd (Tigermed Xiangya)
Date:12/1/2008

ngya has three Evaluation Centers: the Drug Clinical Evaluation Center (DCEC), Pharmaceutical Analysis Center (PAC) and Drug Pre-clinical Evaluation Center (DPEC). DCEC mainly cooperates with the third Xiangya Hospital of CSU to conduct Phase I clinical trials for new drugs, and Pharmacokinetics (PK) and Bioequiavailability (BE) studies in other stages of clinical trials. PAC is chiefly responsible for the studies related to pharmaceutical analysis. DPEC is principally in charge of PK screening of compound candidates; PK studies, Pharmacodynamics (PD) studies, quality specification studies, and manufacturing process studies during pre-clinical studies.

Professor Cheng Zeneng, Deputy Dean of the School of Pharmacy of CSU, Director of Drug Metabolism and Pharmacokinetics Research Institute, Deputy Director of Phase I Clinical Laboratory of the Drug Clinical Trial Agency in the third Xiangya Hospital of CSU, expressed, "CSU and its affiliated hospitals are equipped with high technologies and abundant resources, in complementary, Tigermed has sufficient funds and rich management expertise, so we are quite confident of building up Tigermed Xiangya as a leading Drug Clinical Evaluation Center in China."

"To set up Tigermed Xiangya is a significant move for us to complete our clinical service chain and this union of two titans will tremendously boost Tigermed's serviceability in Phase I clinical trials," comments Ms Cao Xiaochun, Vice President of Tigermed, "We are looking forward to the great future of Tigermed Xiangya, and it will be the first trial and a unique pioneering effort in China's CRO industry".

    For more information, please contact:

     Zeng Haiyan
     Tel:   +86-571-8998-6792
     Email: pr@tigermed.net

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SOURCE China Medicine Corporation
Copyright©2008 PR Newswire.
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