Profil Institute, HighTide Biopharmaceutical partner on diabetes
Thursday, August 4, 2016
Profil Institute for Clinical Research, a science-driven CRO focused exclusively on metabolic diseases, has announced a strategic master services agreement with Shenzhen HighTide Biopharmaceutical, a subsidiary of Shenzhen Hepalink Pharmaceutical.
Profil Institute will provide clinical research and development services, from IND readiness through the completion of early phase development, including regulatory and scientific support services, for HighTide’s portfolio of drug candidates that address the therapeutic areas of diabetes and NAFLD/NASH.
HighTide is a U.S.-China joint venture founded in 2011 by Dr. Liping Liu and Hepalink Pharmaceutical to progress a promising portfolio of novel therapeutic candidates from discovery to clinical development for the treatment of diabetes and NAFLD/NASH.
Profil Institute is a leading early phase CRO focused exclusively on metabolic diseases. Its experience encompasses a wide range of investigational and marketed drugs for diabetes, obesity and NAFLD/NASH, with more than 280 clinical research projects completed.
“The collaboration between HighTide and Profil Institute is based on a shared commitment to find better treatments for diabetes and related metabolic disorders through scientifically based, therapeutically focused translational research,” said Dr. Marcus Hompesch, Profil Institute chairman and CEO. “This strategic partnership leverages the combined capabilities of Profil Institute’s metabolic expertise and services in clinical development and HighTide’s robust metabolic drug portfolio and capacity to bring new and impactful therapies to the market globally.”
“Profil Institute has already provided expert strategic and operational support through phase I activities for HighTide’s islet regeneration peptide HTD4010. We’re pleased to expand our access to their expertise and services through a preferred CRO strategic partnership,” said Dr. Liping Liu, HighTide CEO and CSO. “Profil Institute’s deep scientific expertise in metabolic disease, combined with their longstanding reputation and experience in early phase development, were key factors in our selecting them as a partner to oversee, design and execute the clinical development initiatives for our pipeline of diabetes and NAFLD/NASH drug candidates.”