Collaboration to advance investigational BTK degrader co-developed by SIMM and HealZen 

Shanghai, China - January 10, 2025 - Shanghai Institute of Materia Medica, Chinese Academy of Sciences (“SIMM”) and Hangzhou HealZen Therapeutics (“HealZen”), jointly announced today it has entered into a global license agreement with Johnson & Johnson* to develop potential best-in-class BTK degrader for the treatment of multiple diseases.

"Since its establishment, SIMM has always placed great emphasis on international collaboration in scientific research and drug development." stated Yang Ye, Deputy Director of SIMM, “We believe this strategic collaboration will mark a new milestone in our global cooperation history."

*Legal entity, Janssen Pharmaceutica NV

About Shanghai Institute of Materia Medica, Chinese Academy of Sciences

Founded in 1932, SIMM has the longest history as a comprehensive research institution for drug discovery in China. In line with frontiers in life sciences and aiming at solving key scientific problems in drug discovery, SIMM carries out both basic and applied studies and develops new theories, methods and technologies. Research priorities are given to treat major diseases, such as cancer, cardio-cerebrovascular disease, neuropsychiatric disease, metabolic disease, autoimmune disease, and infectious disease. SIMM is also exploring the development of modern Traditional Chinese Medicine.

For more information about SIMM, please visit http://www.simm.ac.cn/

Contact: suoban@simm.ac.cn

About Hangzhou HealZen Therapeutics Co., Ltd.

HealZen is a leading clinical-stage biotechnology company focused on the discovery and development of novel therapies based on our proprietary technology platform. We are dedicated to develop differentiated novel treatment approaches by targeting previously undruggable proteins for potential treatment of various human disease such as cancer, autoimmune diseases and CNS disorders. 

For more information about HealZen, please visit http://www.healzentx.com/

Contact: info@healzentx.com