BUFFALO, N.Y., March 13, 2020 (GLOBE NEWSWIRE) -- Athenex, Inc. (NASDAQ: ATNX), a global biopharmaceutical company dedicated to the discovery, development and commercialization of novel therapies for the treatment of cancer and related conditions, today provides an update on the Company’s operations in light of the recent declaration of the coronavirus outbreak a pandemic.
Athenex’s operational plans continue to remain on track and the Company’s current assessment is that the NDA submission for Oral Paclitaxel and pre-launch preparations for Oral Paclitaxel and tirbanibulin ointment should not be impacted. In addition, the Company’s interactions with the U.S. FDA and other regulatory authorities currently remain on schedule. While Athenex’s China operations in Chongqing were impacted by the coronavirus situation, the Company is delighted to report that such operations have resumed in the first week of March in accordance with the recommendations by the local authorities. The Company’s Taihao plant is continuing to produce API for clinical and registration needs, and the construction of the new API plant continues to remain on schedule.
Athenex puts the well-being of its employees globally at the highest priority and is diligently following the recommendations of the relevant local authorities with regards to precautions, including policies with respect to travel, working from home, and limiting participation in large gatherings. The Company will continue to be a global citizen and work closely to support the various global public health authorities, and is continuing to monitor the evolving situation.
About Athenex, Inc.
Founded in 2003, Athenex, Inc. is a global clinical stage biopharmaceutical company dedicated to becoming a leader in the discovery, development and commercialization of next generation drugs for the treatment of cancer. Athenex is organized around three platforms, including an Oncology Innovation Platform, a Commercial Platform and a Global Supply Chain Platform. The Company’s current clinical pipeline is derived from four different platform technologies: (1) Orascovery, based on P-glycoprotein inhibitor, (2) Src kinase inhibition, (3) T-cell receptor-engineered T-cells (TCR-T), and (4) Arginine deprivation therapy. Athenex’s employees worldwide are dedicated to improving the lives of cancer patients by creating more active and tolerable treatments. Athenex has offices in Buffalo and Clarence, New York; Cranford, New Jersey; Houston, Texas; Chicago, Illinois; Hong Kong; Taipei, Taiwan; multiple locations in Chongqing, China; Manchester, UK; Guatemala City, Guatemala and Buenos Aires, Argentina. For more information, please visit www.athenex.com.
