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Kaixin Pharmaceuticals Inc. was established by CASI Pharmaceuticals' Chairman and CEO, Dr. Wei-Wu He, to acquire Chinese assets and regional Asian rights to key late-stage and commercialized products from CASI in a $20 million transaction, as part of CASI's strategic refocus on non-Asian development of its pipeline. Specific clinical program results have not been publicly detailed under the new Kaixin Pharmaceuticals entity.
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