EQRx Revises Plans To Get Chinese Licensed Drugs To US Market

 
• By Jessica Merrill
  
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The company has filed its first drug in the UK and initiated a US-based Phase III trial; US drug pricing legislation underscores the company's value proposition, CEO argues, since payers will still be under pressure.

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EQRx is changing development plans for two drugs licensed from Chinese partners. • Source: Shutterstock

EQRx, Inc. – the startup that was created to bring radically lower-priced medicines to market – has changed its strategy to bring two Chinese-developed drugs to the US market based on shifts in FDA regulatory requirements. The company updated investors on plans to get the two drugs licensed in the US during its second quarter sales and earnings call on 11 August.

"We continue to advance our lead oncology programs, aumolertinib and sugemalimab, towards regulatory approvals and commercialization," CEO Melanie Nallicheri said....

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