With two novel direct-acting antiviral agents (DAAs), Danoprevir (ASC08) and Ravidasvir (ASC16), Ascletis provides two regimens for CHC patients: Triple therapy and all-oral interferon-free therapy. The clinical study results show that with 12-week treatment, the cure rate (SVR12) of both regimens exceeded 95% in genotype 1 CHC patients. Danoprevir is awarded as the National Science and Technology Major Project for “Innovative Drug Development” and the New Drug Application (NDA) for Danoprevir was recently accepted by China Food and Drug Administration (CFDA). Ravidasvir is given Priority Review Designation by CFDA. The successful completion of the series B financing secures funds for Ascletis to expand its product portfolio into other liver disease areas such as chronic hepatitis B. “We’re very pleased with the support and commitment of our current investors and the participation of new investors. We’re excited that our accomplishments, especially Danoprevir NDA filing, are recognized by more and more investors,” said Jinzi J. Wu, Ph.D., Ascletis’ founder, President and CEO.
The article below comprises the acid test ratio formula and the ways to interpret it, followed… One of the most important jobs of the finance department of a company is to identify the necessary financial information like return on assets, return on capital employed or the net profitability which reveal the outcome of efforts made by the company and its employees which should be revealed to managers so that they can make informed decisions and judgements. It acts as a lubricant helping to keep the business running. The lender has no ownership rights in the borrower’s company. Variable costs are directly related to the level of production. You need to have a plan and goal of translating these ideas into reality. It is important to understand both of them and compare them on an equal level to get to know which one would be more suitable to choose while starting a business. This is an important step as this reflects that you will come up with a retirement plan for the future. Financial risks in the international business are much more than those involved in domestic business.
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