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Ascletis Pharma

Ascletis Pharma

A biotechnology company that develops and discovers anti-viral drugs and treatments for cancer and fatty liver disease. Ascletis is a joint venture between entrepreneurs in the U.S. and China.

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Contents

ascletis.com
Is a
Company
Company
Organization
Organization

Company attributes

Industry
Technology
Technology
RNA
RNA
Biotechnology
Biotechnology
Biology
Biology
RNA-based and RNA-targeted therapeutics
RNA-based and RNA-targeted therapeutics
Location
China
China
Chapel Hill, North Carolina
Chapel Hill, North Carolina
Hangzhou
Hangzhou
‌
Jianghan
CEO
Jinzi J. Wu
Jinzi J. Wu
AngelList URL
angel.co/ascletis
Legal Name
Ascletis Pharma Inc.
Place of Incorporation
Cayman Islands
Cayman Islands
Founded Date
2011
Total Funding Amount (USD)
100,000,000
Latest Funding Round Date
January 3, 2017
Stock Symbol
1672.HK
Exchange
Hong Kong Stock Exchange
Hong Kong Stock Exchange
Latest Funding Type
Series B
Series B
Wellfound ID
ascletis
Headquarters
Hangzhou
Hangzhou

Other attributes

Blog
ascletis.com/news/172.html
Company Operating Status
Active

Ascletis Pharma is a biotechnology company that develops and discovers anti-viral drugs and treatments for cancer and fatty liver disease. Ascletis is a joint venture between entrepreneurs in the U.S. and China.

Ascletis’s Ganovo, an oral inhibitor of Hepatitis C protease and ritonavir a protease inhibitor from AbbVie were used in combination in a clinical trial at the Ninth Hospital of Nanchang, China, led by Dr. Hongyi Chen, for treatment of COVID-19. Three patients were discharged after the treatment as of February 27, 2020. Ganovo received approval from China’s National Medical Products Administration in June, 2018 for treatment of Hepatitis C. The company’s protease inhibitor ASC09 is also in clinical trials in combination with other drugs for treatment of COVID-19.

COVID-19

Since the outbreak of COVID-19, Ascletis Pharma has announced that they are treating three patients treated with Ganovo plus Ritonavir as part of a novel coronavirus pneumonia clinical trial that occured in China and were dischared from the hospital. Ganovo is a oral inhibitor of Hepatitis C virus and is approved by the FDA to treat HIV infections in people. The company looks to work with the patients that were discharged to develop anti-viral drugs to be used in clinical studies on the treatment of HCP.

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Funding Rounds

Products

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SBIR/STTR Awards

Patents

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