Medicilon Assisted - The IND application of BIOT-001, the first self-developed new drug of Biotime Biotechnology, was approved by the FDA
On July 14, the IND application for the BIOT-001 project targeting the S1P1 target declared by Biotime Biotechnology obtained the US FDA's clinical implied license and agreed to carry out phase I clinical trials. The indication is ulcerative colitis. Shanghai Medicilon Inc, as a strategic partner of Biotime Biotechnology, provided preclinical R&D services from target to IND declaration for the R&D of BIOT-001, and made every effort to complete the project with high quality and efficiency. BIOT-001 is an innovative small-molecule drug independently developed by Biotime Biotechnology with global intellectual property rights. BIOT-001 is an orally active receptor agonist targeting S1P1. Preclinical studies have shown that BIOT-001 can selectively bind to S1P receptor subtype 1 (S1P1) with high affinity, thereby inducing the isolation of peripheral blood lymphocytes, reducing the migration of activated circulating lymphocytes to the gastrointestinal tract, and has the