Updated on 2 August 2013
"The Hong Kong environment provides Kinex with an important source of highly skilled scientists. I am excited that we will be able to tap into this talent pool and to strengthen our research through this initiative. It is delightful to see that the Hong Kong ITC is taking the lead to support biotechnology development in the region and that Kinex is able to be part of this. I strongly believe that this project will generate further scientific excitement around the application of the novel non-absorbable P-glycoprotein inhibitor, HM30181A, in the oncology field," said Mr David Hangauer, CSO of Kinex.
Dr Jeewoong Son, Senior VP and head of Innovation R&D at Hanmi, added, "As a collaborator, we are excited to see Kinex strengthen their presence in Asia (Hong Kong). Our partnership with Kinex has been extremely productive and rewarding and we will continue to support Kinex in further expanding the use of the Orascovery platform in innovative drug formulation development."
Kinex has establish a wholly-owned subsidiary Kinex Pharmaceuticals (Hong Kong) to carry out this collaborative work.