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Kinex Pharmaceuticals Will Take the Lead in the Orascovery Program Development in China
Date:7/9/2013

x as we prepared our IND for Oraxol, an oral form of paclitaxel, which has been submitted to the US FDA. The level of support provided by Hanmi has been critical to advancing a number of our collaborative programs and I am delighted to see that our partnership is expanding even further. We have initiated a research effort in Hong Kong/China and this expansion will complement our research efforts in a very positive way."

"We continue to be impressed by Hanmi's strong commitment to research and development and their business growth strategy. Our global drug development strategy through partnerships is advancing nicely. We have recently also established a partnership to develop Oraxol (oral paclitaxel) and Oratecan (oral form of irinotecan) with Dr. Cheung-Tak Hung of Zenith Technology Corporation, a very successful Clinical Contract Research Organization, for the New Zealand and Australia territory as part of our global development effort. The addition of China will further foster our global drug development strategy. We look forward to continue our very successful collaboration with Hanmi in developing our expanding pipeline of oral anti-cancer drugs," said Dr. Rudolf Kwan, Chief Medical Officer of Kinex Pharmaceuticals.

About KINEX:

Founded in 2004, Kinex is led by a strong, experienced Management Team and Board of Directors with a track record of achieving value-creating milestones and cumulative experience of over 250 years in both the pharmaceutical and biotechnology industries. This includes the filing of more than 11 NDAs and 20 INDs with the Food and Drug Administration and the development of more than 10 marketed products, including a number of blockbusters. Kinex has utilized the proprietary platform technologies Mimetica™, Opal™, and Orascovery
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