China's Hisun gains access to Enzon technology

17 May 2012

US biotech firm Enzon Pharmaceuticals (Nasdaq: ENZN) and Chinese drugmaker Zhejiang Hisun Pharmaceuticals (SSE: 600267) have entered into a long-term strategic research, development and licensing collaboration.

The agreement provides for the R&D of therapeutics using Enzon's customized PEGylation linker technology. The agreement also includes the license to Hisun of development and commercialization rights for Enzon's PEG-SN38 (EZN-2208), a novel, Phase II PEGylated version of SN38, in the territory of China.

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