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Sep 22

2016

Hua Medicine Successfully Completes 12-week Phase 2 Trial of Novel GKA Diabetes Drug

Hua Medicine, a leading clinical stage biotech company in Shanghai, announced the successful completion of its Phase II clinical trial for HMS5552, a novel 1st-in-class Glucokinase Activator (GKA) for the treatment of diabetes.

Apr 22

2016

Hua Medicine Raises $50 Million Series C Financing in Oversubscribed Round

Hua Medicine, a clinical-stage company developing first-in-class and best-in-class therapies for China and the world-wide market, announced the closing of a combined US Dollar- and Chinese Renminbi-denominated investment of approximately $50 million in Series C financing.

Aug 11

2015

Hua Medicine’s GKA Diabetes Drug Demonstrates High Efficacy in 4-week Phase 1c Trial

Hua Medicine announced today its third successful clinical trial of lead program HMS5552, a novel glucokinase activator (GKA) treatment for Type 2 diabetes (T2DM). This latest Phase 1c trial demonstrated an impressive 1% HbA1c average reduction in patients compared to their baseline blood levels after only 4 weeks of treatment.

Mar 10

2015

Hua Medicine Files IND in US for Its Novel GKA-Based Diabetes Drug

Continuing its momentum after raising $25 million in Series B financing earlier this year, Hua Medicine, an innovative biotechnology company in Shanghai, has announced the filing of an Investigational New Drug (IND) application with the US Food and Drug Administration (FDA) for its novel 4th-Generation glucokinase activator (GKA) to treat Type 2 diabetes (T2DM).

Feb 09

2015

Hua Medicine Announces Positive Phase 1b Results in Diabetes With 4th-Generation Glucokinase Activator, Shows Robust 24-Hour Glucose Control

Following up on its impressive Phase 1a trial data presented at last year's American Diabetes Association conference, Hua Medicine, an innovative, clinical-stage biotechnology company in Shanghai, announced positive results from its recently completed multicenter, multi-dose Phase 1b Trial in Diabetes.

Jan 08

2015

Hua Medicine Raises $25 Million in Series B Financing to Start Phase 2 Trials

Hua Medicine Ltd., an innovative, clinical-stage biotechnology company in Shanghai, announced the closing of a $25 million Series B financing.

Mar 19

2014

Hua Medicine's Novel Glucokinase Activator Reports Positive Phase 1a Data Demonstrating Robust Glucose Regulatory Hormone Modulation & Commences Phase 1b Trials in Diabetes Patients

Hua Medicine Ltd., a leading innovative drug development company in China, announced today the start of multicenter, multi-dose Phase 1b Trials for Diabetes. The company had previously announced positive results from a Phase 1a trial evaluating HMS5552, a glucokinase activator (GKA) for Type 2 Diabetes, and demonstrated, even at single doses, significant effects in a variety of biochemical diabetes markers such as glucose and glucose-stimulated insulin release (GSIR).

Dec 20

2011

Hua Medicine Licenses Novel Drug Candidate from Roche for Potential Treatment of Diabetes

Hua Medicine, the leading innovative drug development and commercialization company in China, and Roche announced today a licensing agreement for Roche's Glucokinase Activator (GKA) program.

Sep 20

2011

Hua Medicine Lands $50M Financing Commitment for China Biopharmaceutical Innovation, Development and Commercialization

Hua Medicine, the leading innovative drug development and commercialization company in China, announced today that it has secured $50 million in new financing commitments from a prestigious group of US and Chinese healthcare investors, including ARCH Venture Partners, Fidelity Biosciences, Fidelity Growth Partners Asia, Venrock, Sino-Alliance International Ltd and new investor WuXi PharmaTech Corporate Venture.

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