KMT Hepatech announces strategic investment from PhoenixBio
Edmonton-based KMT Hepatech, Inc. (“KMT”) announced today that it has reached an agreement to join efforts with PhoenixBio Co., Ltd. (PhoenixBio). Together they will advance the use of the cDNA-uPA/SCID mouse model with highly humanized liver to support researchers across a wide range of drug development fields. KMT will become a subsidiary of PhoenixBio group effective November 30, 2017. PhoenixBio plans to invest in KMT and expand its operations.
The uPA/SCID mouse model with a highly humanized liver was first on the market and has been the most utilized mouse model with up to 95 % engraftment of human hepatocytes. The model made an important contribution to the development of curative therapies for hepatitis C (HCV) and ...