Benzinga | Sep 27, 2021 06:05AM EDT

Genetron Health And IMPACT Therapeutics Announce Partnership To Drive Development of Synthetic Lethal Product Pipeline

Genetron Holdings Limited (("Genetron Health" or the "Company", NASDAQ:GTH), a leading precision oncology platform company in China that specializes in offering molecular profiling tests, early cancer screening products and companion diagnostics development, today announced a partnership with IMPACT Therapeutics, a biopharmaceutical company dedicated to the discovery and development of targeted anti-cancer therapeutics.



The two parties will cooperate together on research and development for synthetic lethal inhibitors that are based on new targets, and the development of companion diagnostic products.

"We are pleased to have reached a partnership with IMPACT Therapeutics, whose extensive pipeline products and strong data have demonstrated potential for clinical applications. Genetron Health is dedicated to accelerating patients' access to effective therapies with the adoption of precision oncology technologies," said Sizhen Wang, Co-Founder and CEO of Genetron Health. "At present, we have CAP- and CLIA-certified laboratories in China and the United States. We are well-positioned to provide customized solutions for our global and domestic partners in cross-border clinical trials and companion diagnostic development. Overall, we remain committed to offering broader and better healthcare options to patients globally."

"IMPACT Therapeutics focuses on the research and development of targeted anti-cancer therapeutics that are based on synthetic lethality. We have assembled one of the most comprehensive DDR global pipeline of novel drug candidates, and are expanding to other novel synthetic lethal targets to broaden our pipeline," said Dr. Jun Bao, President and CEO of IMPACT Therapeutics. "We look forward to leveraging Genetron Health's experience and resources in the field of precision oncology, and working together with them to accelerate the research and development of new drugs, contributing to the global anti-cancer cause."