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China Medical System to pay Insilico up to about $177 million for central nervous system work

China Medical System to pay Insilico up to about $177 million for central nervous system work

- Chinese drugmaker China Medical System 0867.HK will pay Insilico Medicine 03696.HK up to about 1.2 billion yuan ($177 million) in payments linked to milestones for work on a research and development programme in the central nervous system disease field, the Boston-based drug discovery firm said.


(Reporting by Andrew Silver in Shanghai; Editing by Jacqueline Wong)

((andrew.silver@thomsonreuters.com))

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