SAN DIEGO, August 20, 2005 /For Immediate Release/ -- NOD Pharmaceuticals, Inc. today Medical Science & Technology Co., Ltd., is registered in Zhangjiang Hi-Park in Shanghai, a premier biotech cluster in China.
Biolaxy (www.biolaxy.com) is developing the leading product candidates, oral insulin and oral interferon, based on the nano-particle oral delivery or NOD technology from NOD Pharmaceuticals.
"China offers advantages such as low cost and short development cycle, so we expect to prove our technology and launch our products at a fraction of cost and time of what you expect otherwise for the US market," William Lee, CEO of NOD Pharmaceuticals, Inc., explains.
NOD Pharmaceuticals is a biopharmaceutical company focusing on innovative drug delivery.