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Roche deal gives new anti-HCV to China start-up

This article was originally published in Scrip

Executive Summary

Roche is showing a great deal of faith in its partners in China: it has put the development of its Phase II protease inhibitor for hepatitis C, danoprevir, in the Chinese market in the hands of Ascletis, a two-year-old Hangzhou based start-up backed by a real estate billionaire. China is one of Roche's main growth markets – it recorded 20% sales growth there in the first quarter, with sales of some oncology products up nearly 40%.

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