29 May 2023 | Monday | News
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FivepHusion, an advanced clinical-stage biotechnology company, today announced its collaboration with Treehill Partners, a New York-based strategic and financial advisory firm specializing in healthcare industry transactions, and Syneos Health® (Nasdaq: SYNH), a leading fully integrated biopharmaceutical solutions organization, to develop and bring a novel, enhanced chemotherapeutic product to market.
"This is a very exciting time for FivepHusion. We are at a crucial stage in our growth strategy. By collaborating with Treehill Partners and Syneos Health, we believe we are positioned to successfully bring our development work on Deflexifol™ to global markets, including in the US, Europe and Asia," said Dr. Christian Toouli, CEO & Managing Director, FivepHusion. "This collaboration represents a unique working model to the industry. Through the combined strength and competency of three industry leaders, we intend to maximize our progress on the development of Deflexifol™ and quickly bring innovative oncology medicines to patients in need."
"We're excited to collaborate with FivepHusion and Treehill Partners to help bring Deflexifol™ to patients," said Christian Tucat, Chief Business Officer, Syneos Health. "Leveraging our deep therapeutic and global expertise, Syneos Health is pleased to contribute to accelerating the clinical development and commercialization of this important new therapy."
"This collaboration represents a new model of integrated services across disciplines, designed to allow US and non-US emerging players to play a key role on the global stage, and we're proud to work alongside FivepHusion and Syneos Health," said Ali Pashazadeh, Partner & Co-founder, Treehill Partners. "By merging the scientific prowess of our clients with the clinical and commercial expertise of Syneos Health and Treehill's healthcare advisory and execution capabilities, we are providing a unique ecosystem designed to help companies to flourish despite the current challenging market environment."
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