Choong-wae Pharm has entered into an exclusive licensing agreement with Sanwa Kagaku Kenkyusho Co., Ltd. (Sanwa) to develop and commercialize SK-0403 (dipeptidyl peptidase-IV inhibitor) for treatment of diabetes, according to a Choong-wae official.
The companies currently estimate Korea's annual diabetic market could be over 350 billion won.
SK-0403, a highly selective DPP-4 inhibitor und...
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