Jiangsu Vcare Included in "2024 Jiangsu Provincial Sci-Tech Enterprise Listing Cultivation Program"
Published Time:
2024-10-28 17:53
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Recently, the Jiangsu Provincial Department of Science and Technology announced the "2024 Proposed Enterprises for Provincial Sci-Tech Enterprise Listing Cultivation Program," withJiangsu Vcare Pharmatech Co., Ltd.(Jiangsu Vcare) successfully included.
This program targets high-tech enterprises, selecting high-growth sci-tech enterprises with sound governance, focused core businesses, strong competitiveness, and development potential. Its goal is to facilitate financing channels for high-tech enterprises and connect them with multi-level capital markets. Jiangsu Vcare's inclusion reflects the Provincial Department of Science and Technology's recognition of its comprehensive development potential and technological innovation. The company will continue focusing on its core responsibilities to accelerate its listing process.
As aNational "Little Giant" Enterprise, Jiangsu Vcare has specialized in innovative drugs and advanced therapies for 14 years, operating under a group management model with a high-quality R&D and production team of nearly 1,000. It currently has5 clinical-stage Class I innovative drug projectsand over10 preclinical projects, featuring a pipeline centered on the anti-platelet drug Vicagrel,covering therapeutic areas including cardiovascular, oncology, and autoimmune diseases.
With support from this program, Jiangsu Vcare will advance steadily toward listing, enhancing its core competitiveness to contribute to Jiangsu's and China’s technological and economic progress.
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I. Important Progress in Innovative Drug R&D ① Submitted NDA to US FDA for anti-platelet drug Vicagrel: If approved, it may benefit ~27.6M US patients with coronary heart disease/stroke. ② Completed 1st patient enrollment in China’s Phase II trial for anti-resistant TRK inhibitor VC004: Phase I data showed ORR of 80%-90% in NTRK fusion+ solid tumors and DOR up to 24 months. ③ Completed Phase II enrollment for 2nd-gen selective JAK1 inhibitor VC005 in ankylosing spondylitis: Preliminary blinded analysis showed favorable efficacy/safety. Additionally: VC004 gel approved for clinical trials; VC005 gel initiated China Phase I for atopic dermatitis; Multiple preclinical projects advanced in cardio-cerebrovascular, oncology, and autoimmune fields.
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