CASI - CASI renews distribution agreement for Evomela in China
CASI Pharmaceuticals (NASDAQ:CASI) renewed an exclusive distribution agreement under which China Resources Pharmaceutical Commercial Group International Trading Co. will continue to be the sole distributor of Evomela (melphalan) for Injection in China. Evomela is used as a high-dose conditioning treatment prior to hematopoietic progenitor (stem) cell transplantation in patients with multiple myeloma. "EVOMELA has shown rapid revenue growth in the past three years and reached $30 million in 2021," said CASI's Global President Larry Zhang. CASI +3.41% premarket to $0.91
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CASI renews distribution agreement for Evomela in China