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Agreement signed to distribute BrachySil throughout the People's Republic of China

Published in Drug Week, November 25th, 2005

Beijing Med-Pharm Corp. (BJGP.PK) and pSivida Limited (PSD, PSDV, PSI) announced that they have signed a licensing agreement for the clinical development, marketing, and distribution of pSivida's lead product, BrachySil, in the People's Republic of China.

Under the terms of the license, pSivida will manufacture BrachySil and Beijing Med-Pharm will be responsible for clinical development, securing regulatory approval, marketing, and distribution in China.

Beijing Med-Pharm is a U.S.-based company with Chinese subsidiaries that offers an end-to-end solution to Western pharmaceutical companies that wish to sell their products into the Chinese...

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