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ScinoPharm Taiwan

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uuid003fysb

Namestring
ScinoPharm Taiwan
Legal namestring
ScinoPharm Taiwan
Websiteurl
scinopharm.com
Company typeenum
Public
Founded yearint
1997
Descriptiontext

ScinoPharm Taiwan is a publicly traded Taiwanese pharmaceutical company (TWSE:1789) headquartered in Tainan and founded in 1997, operating with a workforce in the 501–1,000 range. The company specializes in the development and manufacturing of active pharmaceutical ingredients (APIs) and complex generic drugs, with a particular focus on Non-Biological Complex Drugs (NBCDs). In January 2026 it became the first pharmaceutical company in Taiwan to secure U.S. FDA approval for Glatiramer Acetate Injection — a generic version of Teva's Copaxone used to treat relapsing multiple sclerosis — whose complex molecular structure containing millions of polypeptide chains required validation through more than 40 advanced analytical techniques.

Its core technology platform centers on NBCD manufacturing and characterization, combining proprietary analytical methodologies with regulatory-grade process validation. The company is pursuing parallel regulatory submissions in Europe, Asia, and emerging markets, while building strategic distribution partnerships with regional channel partners and resellers to commercialize its approved generic portfolio internationally. Business model revenue comes from selling FDA-approved generic pharmaceutical products (one-time license economics) and from licensing/royalty arrangements tied to those products, distributed through enterprise field sales and channel partner channels serving pharmaceutical distributors and healthcare providers in a B2B model.

The company's go-to-market relies on a hybrid of enterprise sales and channel/reseller partnerships, with marketing concentrated in regulatory milestone press coverage and industry conference engagement rather than consumer-facing promotion. Leadership is anchored by Li-An Lu (CEO), Tsung-Ming Su (President and CEO), Chih-Hsien Lo (Chairman and General Chief Strategy Officer), and Gloria Chang (Chief Scientific Officer). Financial details in the input appear malformed (revenue figures reported in trillions across 2021–2025 are implausible) and are not relied upon for analytical conclusions.

Short descriptiontext

ScinoPharm Taiwan is a public Taiwanese pharmaceutical manufacturer (TWSE:1789) specializing in APIs and complex generic drugs, and the first Taiwanese firm to secure FDA approval for Glatiramer Acetate Injection to treat multiple sclerosis.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersTainan, Taiwan
HQ citystring
Tainan
HQ countrystring
Taiwan
HQ regionstring
Asia
Markets served

Serves global market

Keyword5 values
active pharmaceutical ingredients, generic drug manufacturing, contract development manufacturing, non-biological complex drugs, pharmaceutical API production
Industry1 code
1Neurology & CNS Specialty Pharmaceuticals
CodeHLAIACACPrimaryYes
NAICS code1 code
  • Pharmaceutical and Medicine Manufacturing3254
SIC code1 code
  • Pharmaceutical Preparations2834
Product category
Generic Pharmaceuticals
No data
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model2 records
1Generic Pharmaceutical Products
TypeOne Time License
Description

Revenue generated from manufacturing and selling FDA-approved generic pharmaceutical products. The company specializes in complex generic drugs that face significant manufacturing challenges due to non-biological complex structures.

in.investing.com
2Generic Drug Product Market Expansion
TypeLicensing Royalties
Description

Revenue from regulatory submissions and partnerships across Europe, Asia, and emerging markets for generic drug products, expanding global market presence.

au.investing.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Operations, Technology or R&D, Supply Chain
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

ScinoPharm Taiwan is a pharmaceutical contract manufacturer that produces active pharmaceutical ingredients (APIs) and complex generic drug products. Its flagship commercial product is Glatiramer Acetate Injection, which received U.S. FDA approval as the first complex generic drug approved in Taiwan. The company applies specialized non-biological complex drug (NBCD) manufacturing technology and more than 40 analytical techniques for complex polypeptide validation.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 value
  • Global Glatiramer Acetate market valued at USD 1.5 billion in 2024, projected to reach USD 2.8 billion by 2033
Product overview1 text field

ScinoPharm Taiwan operates as a pharmaceutical contract manufacturing company specializing in active pharmaceutical ingredients (APIs) and complex generic drugs. The company's primary product is Glatiramer Acetate Injection, a Non-Biological Complex Drug approved by the FDA for treating multiple sclerosis. The company is pursuing regulatory submissions in Europe, Asia, and emerging markets to expand its global presence in the generic drug product market. The global market for Glatiramer Acetate was valued at USD 1.5 billion in 2024 and is projected to reach USD 2.8 billion by 2033, with the U.S. market estimated at approximately USD 700 million.

Product and service2 records
1Glatiramer Acetate Injection
CategoryGeneric Pharmaceuticals
Description

FDA-approved complex generic injectable drug product based on a non-biological complex drug (NBCD) polypeptide, supplied to pharmaceutical distributors and healthcare providers for commercial distribution.

2Active Pharmaceutical Ingredients (APIs)
CategoryPharmaceutical Manufacturing
Description

Contract-manufactured active pharmaceutical ingredients supplied to pharmaceutical companies for use in finished drug formulations.

Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

ScinoPharm is pursuing regulatory submissions and forging strategic partnerships across Europe, Asia, and emerging markets to expand global presence in the generic drug product market. These partnerships enable distribution and commercialization of FDA-approved generic pharmaceutical products.

Recent move4 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Originator of Copaxone (Glatiramer Acetate brand), the product ScinoPharm is now generic-manufacturing. Most directly comparable competitor and reference point for the underlying market dynamics ScinoPharm is targeting.

TypeDirect peer
Description

Indian-headquartered global generics and API manufacturer with a complex generics portfolio across CNS and other therapeutic areas. Closely comparable in dual API-plus-generic-finished-dose business model targeting regulated markets.

TypeDirect peer
Description

Canadian-headquartered generic pharmaceutical manufacturer with a broad complex-generics portfolio. Comparable in targeting the U.S. and other regulated markets with FDA-approved generic products.

TypeDirect peer
Description

Large global generic pharmaceutical company with extensive complex generic and biosimilar portfolio. Directly comparable in business model, target customers (distributors/healthcare providers), and API-to-finished-dose capabilities.

TypeDirect peer
Description

Vertically integrated API and generic finished-dose manufacturer with strong U.S. and emerging-market presence. Highly comparable in manufacturing complexity, regulatory filings, and channel-partner distribution model.

TypeDirect peer
Description

Indian-headquartered global pharmaceutical manufacturer with strong API and complex generics presence across respiratory, CNS, and other therapeutic categories. Comparable in API-plus-finished-dose model and emerging-market expansion strategy.

TypeDirect peer
Description

Taiwan-based CDMO and specialty generics company with FDA-inspected facilities. Most regionally comparable peer given shared Taiwan domicile, similar CDMO/generics business model, and parallel FDA approval track record.

TypeBroad incumbent
Description

Global leader in generics and biosimilars with broad portfolio. Overlaps significantly with ScinoPharm in complex generics but operates at much greater scale and across many more therapeutic categories.

TypeDirect peer
Description

Specialty generic pharmaceutical company with strong injectables and complex generics portfolio. Highly comparable in targeting U.S. and European markets with complex injectable products via strategic distribution partnerships.

TypeDirect peer
Description

India's largest specialty generic pharmaceutical company with significant complex generics and injectables portfolio. Comparable in pursuing FDA approvals and international distribution partnerships across multiple regions.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles4 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

ScinoPharm Taiwan

Generic Pharmaceuticalsscinopharm.com

ScinoPharm Taiwan is a public Taiwanese pharmaceutical manufacturer (TWSE:1789) specializing in APIs and complex generic drugs, and the first Taiwanese firm to secure FDA approval for Glatiramer Acetate Injection to treat multiple sclerosis.

What ScinoPharm Taiwan does

ScinoPharm Taiwan is a publicly traded Taiwanese pharmaceutical company (TWSE:1789) headquartered in Tainan and founded in 1997, operating with a workforce in the 501–1,000 range. The company specializes in the development and manufacturing of active pharmaceutical ingredients (APIs) and complex generic drugs, with a particular focus on Non-Biological Complex Drugs (NBCDs). In January 2026 it became the first pharmaceutical company in Taiwan to secure U.S. FDA approval for Glatiramer Acetate Injection — a generic version of Teva's Copaxone used to treat relapsing multiple sclerosis — whose complex molecular structure containing millions of polypeptide chains required validation through more than 40 advanced analytical techniques.

Its core technology platform centers on NBCD manufacturing and characterization, combining proprietary analytical methodologies with regulatory-grade process validation. The company is pursuing parallel regulatory submissions in Europe, Asia, and emerging markets, while building strategic distribution partnerships with regional channel partners and resellers to commercialize its approved generic portfolio internationally. Business model revenue comes from selling FDA-approved generic pharmaceutical products (one-time license economics) and from licensing/royalty arrangements tied to those products, distributed through enterprise field sales and channel partner channels serving pharmaceutical distributors and healthcare providers in a B2B model.

The company's go-to-market relies on a hybrid of enterprise sales and channel/reseller partnerships, with marketing concentrated in regulatory milestone press coverage and industry conference engagement rather than consumer-facing promotion. Leadership is anchored by Li-An Lu (CEO), Tsung-Ming Su (President and CEO), Chih-Hsien Lo (Chairman and General Chief Strategy Officer), and Gloria Chang (Chief Scientific Officer). Financial details in the input appear malformed (revenue figures reported in trillions across 2021–2025 are implausible) and are not relied upon for analytical conclusions.

ScinoPharm Taiwan firmographics

Firmographics
Name
ScinoPharm Taiwan
Legal name
ScinoPharm Taiwan
Website
https://scinopharm.com
Company type
Public
Founded year
1997
Operating status
Operating
Headcount range
501–1,000 employees
Short description
ScinoPharm Taiwan is a public Taiwanese pharmaceutical manufacturer (TWSE:1789) specializing in APIs and complex generic drugs, and the first Taiwanese firm to secure FDA approval for Glatiramer Acetate Injection to treat multiple sclerosis.
Ownership category
akta.pro rank

ScinoPharm Taiwan industry classification

Industry
Product category
Generic Pharmaceuticals
NAICS
Pharmaceutical and Medicine Manufacturing (3254)
SIC
Pharmaceutical Preparations (2834)
akta.pro primary industry
Neurology & CNS Specialty Pharmaceuticals (HLAIACAC)

Keywords

  • Active pharmaceutical ingredients
  • Generic drug manufacturing
  • Contract development manufacturing
  • Non-biological complex drugs
  • Pharmaceutical API production

Where ScinoPharm Taiwan is headquartered

Location

Headquarters

HQ city
Tainan
HQ country
Taiwan
HQ region
Asia

Markets served

ScinoPharm Taiwan business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Personnel, Operations, Technology or R&D, Supply Chain

Revenue model

  1. Generic Pharmaceutical Products: Revenue generated from manufacturing and selling FDA-approved generic pharmaceutical products. The company specializes in complex generic drugs that face significant manufacturing challenges due to non-biological complex structures.
  2. Generic Drug Product Market Expansion: Revenue from regulatory submissions and partnerships across Europe, Asia, and emerging markets for generic drug products, expanding global market presence.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

ScinoPharm Taiwan product offering

Product offering

Core offering

ScinoPharm Taiwan is a pharmaceutical contract manufacturer that produces active pharmaceutical ingredients (APIs) and complex generic drug products. Its flagship commercial product is Glatiramer Acetate Injection, which received U.S. FDA approval as the first complex generic drug approved in Taiwan. The company applies specialized non-biological complex drug (NBCD) manufacturing technology and more than 40 analytical techniques for complex polypeptide validation.

Product overview

ScinoPharm Taiwan operates as a pharmaceutical contract manufacturing company specializing in active pharmaceutical ingredients (APIs) and complex generic drugs. The company's primary product is Glatiramer Acetate Injection, a Non-Biological Complex Drug approved by the FDA for treating multiple sclerosis. The company is pursuing regulatory submissions in Europe, Asia, and emerging markets to expand its global presence in the generic drug product market. The global market for Glatiramer Acetate was valued at USD 1.5 billion in 2024 and is projected to reach USD 2.8 billion by 2033, with the U.S. market estimated at approximately USD 700 million.

Differentiator

Problem solved

Functional benefit

Products and services

  • Glatiramer Acetate Injection FDA-approved complex generic injectable drug product based on a non-biological complex drug (NBCD) polypeptide, supplied to pharmaceutical distributors and healthcare providers for commercial distribution.
  • Active Pharmaceutical Ingredients (APIs) Contract-manufactured active pharmaceutical ingredients supplied to pharmaceutical companies for use in finished drug formulations.

Quantifiable outcome

  • Global Glatiramer Acetate market valued at USD 1.5 billion in 2024, projected to reach USD 2.8 billion by 2033

Companies that use ScinoPharm Taiwan

Customer profile

Segments2 records

Ideal customer profiles1 record

ScinoPharm Taiwan technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature1 record

ScinoPharm Taiwan partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Strategic Partners (Europe, Asia, Emerging Markets)coreChannel Partner/ Reseller/ DistributorScinoPharm is pursuing regulatory submissions and forging strategic partnerships across Europe, Asia, and emerging markets to expand global presence in the generic drug product market. These partnerships enable distribution and commercialization of FDA-approved generic pharmaceutical products.

Scale indicators5 records

Recent moves4 records

Expansion highlights4 records

ScinoPharm Taiwan competitors and assessment

Company assessment

Direct peers

  • Teva Pharmaceutical Industries: Originator of Copaxone (Glatiramer Acetate brand), the product ScinoPharm is now generic-manufacturing. Most directly comparable competitor and reference point for the underlying market dynamics ScinoPharm is targeting.
  • Dr. Reddy's Laboratories: Indian-headquartered global generics and API manufacturer with a complex generics portfolio across CNS and other therapeutic areas. Closely comparable in dual API-plus-generic-finished-dose business model targeting regulated markets.
  • Apotex: Canadian-headquartered generic pharmaceutical manufacturer with a broad complex-generics portfolio. Comparable in targeting the U.S. and other regulated markets with FDA-approved generic products.
  • Viatris (formerly Mylan): Large global generic pharmaceutical company with extensive complex generic and biosimilar portfolio. Directly comparable in business model, target customers (distributors/healthcare providers), and API-to-finished-dose capabilities.
  • Aurobindo Pharma: Vertically integrated API and generic finished-dose manufacturer with strong U.S. and emerging-market presence. Highly comparable in manufacturing complexity, regulatory filings, and channel-partner distribution model.
  • Cipla: Indian-headquartered global pharmaceutical manufacturer with strong API and complex generics presence across respiratory, CNS, and other therapeutic categories. Comparable in API-plus-finished-dose model and emerging-market expansion strategy.
  • Bora Pharmaceuticals: Taiwan-based CDMO and specialty generics company with FDA-inspected facilities. Most regionally comparable peer given shared Taiwan domicile, similar CDMO/generics business model, and parallel FDA approval track record.
  • Hikma Pharmaceuticals: Specialty generic pharmaceutical company with strong injectables and complex generics portfolio. Highly comparable in targeting U.S. and European markets with complex injectable products via strategic distribution partnerships.
  • Sun Pharmaceutical Industries: India's largest specialty generic pharmaceutical company with significant complex generics and injectables portfolio. Comparable in pursuing FDA approvals and international distribution partnerships across multiple regions.

Broad incumbents

  • Sandoz (Novartis): Global leader in generics and biosimilars with broad portfolio. Overlaps significantly with ScinoPharm in complex generics but operates at much greater scale and across many more therapeutic categories.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

ScinoPharm Taiwan compliance and trust

Trust signal

Compliance1 record

ScinoPharm Taiwan financial estimates

Financial estimate

Revenue estimate

Valuation estimate

ScinoPharm Taiwan leadership team

Management profile

Number of profiles

Profiles4 records

ScinoPharm Taiwan funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

ScinoPharm Taiwan M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ScinoPharm Taiwan

What does ScinoPharm Taiwan do?

ScinoPharm Taiwan is a pharmaceutical contract manufacturer that produces active pharmaceutical ingredients (APIs) and complex generic drug products. Its flagship commercial product is Glatiramer Acetate Injection, which received U.S. FDA approval as the first complex generic drug approved in Taiwan. The company applies specialized non-biological complex drug (NBCD) manufacturing technology and more than 40 analytical techniques for complex polypeptide validation.

Is ScinoPharm Taiwan a public or private company?

ScinoPharm Taiwan is a public company. It is classified as public and is currently operating.

When was ScinoPharm Taiwan founded?

ScinoPharm Taiwan was founded in 1997. It employs 501 to 1,000 people.

Where is ScinoPharm Taiwan based?

ScinoPharm Taiwan is headquartered in Tainan, Taiwan, in the Asia region.

How does ScinoPharm Taiwan make money?

Two revenue lines are on record. Generic Pharmaceutical Products are the primary driver. The others are generic Drug Product Market Expansion.

Who are ScinoPharm Taiwan's main competitors?

Direct peers on record are Teva Pharmaceutical Industries, Dr. Reddy's Laboratories, Apotex, Viatris (formerly Mylan), Aurobindo Pharma, Cipla, Bora Pharmaceuticals, Hikma Pharmaceuticals and Sun Pharmaceutical Industries. Sandoz (Novartis) is listed as a broad incumbent.

Does ScinoPharm Taiwan have an API?

No public API is recorded for ScinoPharm Taiwan.

What industry is ScinoPharm Taiwan in?

ScinoPharm Taiwan's product category is Generic Pharmaceuticals. Its primary akta.pro industry code is HLAIACAC, Neurology & CNS Specialty Pharmaceuticals. Its NAICS code is 3254 and its SIC code is 2834.

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A post hoc analysis of the CHAMPION-NMOSD trial revealed that ravulizumab-cwvz (Ultomiris) achieved sustained disease control in aquaporin-4 antibody-positive NMOSD patients regardless of prior rituximab exposure, with no adjudicated relapses during treatment and significantly fewer patients experiencing clinically important worsening compared to placebo. The FDA approved several neurological therapies in Q1 2026, including ScinoPharm Taiwan's glatiramer acetate injection as the first complex injectable generic for multiple sclerosis.Investing.comScinoPharm Taiwan receives FDA approval for MS treatment By Investing.comScinoPharm Taiwan has received U.S. Food and Drug Administration approval for Glatiramer Acetate Injection, a treatment for multiple sclerosis. The approval makes ScinoPharm the first pharmaceutical company in Taiwan to secure FDA authorization for this complex generic drug, which faces significant manufacturing challenges due to its non-biological complex structure. The global market for Glatiramer Acetate was valued at $1.5 billion in 2024 and is projected to reach $2.8 billion by 2033.Investing.comScinoPharm Taiwan receives FDA approval for MS treatment By Investing.comScinoPharm Taiwan (TWSE:1789) has received U.S. FDA approval for Glatiramer Acetate Injection, a treatment for multiple sclerosis, becoming the first pharmaceutical company in Taiwan to secure FDA authorization for this complex generic drug. The drug is a generic version of Teva Pharmaceutical's Copaxone, which has been on the market since 1996, with the global market valued at $1.5 billion in 2024 and projected to reach $2.8 billion by 2033. The company stated it is pursuing regulatory submissions in Europe, Asia, and emerging markets to expand its global presence in the generic drug product market.Investing.comScinoPharm Taiwan receives FDA approval for MS treatment By Investing.comScinoPharm Taiwan (TWSE:1789) has received FDA approval for Glatiramer Acetate Injection, a treatment for multiple sclerosis, making it the first pharmaceutical company in Taiwan to secure FDA authorization for this complex generic drug. The drug, classified as a Non-Biological Complex Drug with significant manufacturing challenges due to its complex structure of millions of polypeptide chains, has been on the market since 1996 under Teva Pharmaceutical's brand name Copaxone. The global market for Glatiramer Acetate was valued at $1.5 billion in 2024 and is projected to reach $2.8 billion by 2033, with the U.S. market accounting for approximately $700 million.PR NewswireScinoPharm Secures U.S. FDA Approval for Glatiramer Acetate Injection for the Treatment of Multiple SclerosisScinoPharm Taiwan has secured U.S. FDA approval for Glatiramer Acetate Injection, a treatment for Multiple Sclerosis, making it the only pharmaceutical company in Taiwan to achieve this historic milestone. The global market for Glatiramer Acetate was valued at USD 1.5 billion in 2024 and is projected to reach USD 2.8 billion by 2033, with the U.S. market estimated at approximately USD 700 million. ScinoPharm is actively advancing regulatory submissions and forging strategic partnerships across Europe, Asia, and emerging markets to broaden its international presence.PR NewswireTechnological Advances in the Regenerative Medicine MarketsAccording to a Markets and Markets report, the regenerative medicine market grew to USD 13.41 billion in 2016 and is projected to reach USD 38.70 billion by 2021, representing a compound annual growth rate of 23.6%. RepliCel Life Sciences announced the successful completion of its first-in-human clinical study for RCH-01, an autologous cell therapy for androgenetic alopecia (pattern baldness), with the five-year trial meeting all safety endpoints. Baxter International and ScinoPharm Taiwan also announced a strategic partnership to develop and commercialize five injectable cancer treatments, with Baxter holding an option to partner on up to 15 additional molecules.PR NewswireScinoPharm Reports Financial Performance for 2016ScinoPharm Taiwan reported 2016 consolidated revenue of NT$4.031 billion (US$125 million) and after-tax net profits of NT$659 million (US$20.4 million), with overall revenue increasing 2% year-over-year. The company achieved a 45% gross profit margin driven by higher-margin oncology products and CRO projects, with oncology API Gemcitabine as a strong contributor. Looking ahead, ScinoPharm has filed two ANDA submissions, is pursuing exclusive distribution partnerships in Europe and the U.S., and expects to launch multiple APIs in 2017.PR NewswireScinoPharm and CVie Therapeutics Limited to Jointly Develop New Heart Failure DrugScinoPharm Taiwan and CVie Therapeutics announced a discovery and development collaboration to identify a new generation oral compound related to Istaroxime, CVie's acute heart failure treatment currently in late Phase IIb trials in Italy and China. Under the agreement, ScinoPharm will provide medicinal chemistry design and synthesis while CVie will apply its biological expertise to screen and identify candidates, with the goal of creating an orally bioavailable compound that maintains Istaroxime's dual luso-inotropic function. The successful candidate may address both acute and chronic heart failure and is expected to have a larger market than Istaroxime, marking ScinoPharm's strategic entry into new drug development.