Summary
CASI Pharmaceuticals, Inc., a biopharmaceutical company, develops and commercializes therapeutics and pharmaceutical products in China, the United States, and internationally. It offers EVOMELA, an intravenous formulation of melphalan for use as a conditioning treatment prior to stem cell transplantation, and as a palliative treatment for patients with multiple myeloma. The company's product pipeline includes CNCT19, an autologous CD19 CAR-T investigative product for the treatment of patients with B-cell acute lymphoblastic leukemia (B-ALL) and B-cell non-Hodgkin lymphoma (B-NHL); BI-1206 that is in Phase I/II trial in combination with anti-PD1 therapy Keytruda for solid tumors, and in a Phase I/IIa trial in combination with MabThera (rituximab) in patients with relapsed/refractory NHL; and CB-5339, which is in Phase I clinical trial for acute myeloid leukemia and myelodysplastic syndrome. Its product pipeline also comprises CID-103 for the treatment of patients with multiple myeloma; Thiotepa, which has multiple indications including use as a conditioning treatment for various allogeneic haemopoietic stem cell transplants; and Octreotide long acting injectable formulations for the treatment of acromegaly and for the control of symptoms associated with various neuroendocrine tumors. The company has licensing agreements with Juventas Cell Therapy Ltd; BioInvent International AB; Black Belt Therapeutics Limited; and Cleave Therapeutics, Inc. It also has distribution agreements with China Resources Pharmaceutical Commercial Group International Trading Co., Ltd; Pharmathen Global BV; and Riemser Pharma GmbH. The company was formerly known as EntreMed, Inc. and changed its name to CASI Pharmaceuticals, Inc. in June 2014. CASI Pharmaceuticals, Inc. was incorporated in 1991 and is based in Rockville, Maryland.
History
The company was founded in 2002 and it changed its name from Celeritas Pharmaceuticals to CASI Pharmaceuticals in 2010. It is publicly traded on the Nasdaq Global Market, NASDAQ GM under the symbol CASI. CASI is leading China's globalization of CDMO business providing innovative CDMO services.
Mission
Our mission is to improve the lives of our customers by building a world-wide biopharmaceutical business focused on innovative drug development, manufacturing, and commercialization addressing unmet medical needs.
Vision
At CASI, we strive to become one of the world’s leading innovative biopharmaceutical firms that consistently delivers innovative and effective products with superior service.
Key Team
Dr. James E. Goldschmidt Ph.D. (Chief Bus. Devel. Officer)
Ms. Amanda Cui (VP & Global Controller)
Recognition and Awards
In 2018, the company was awarded 'China Top 10 Pharmaceutical CDMO Companies', from China Pharmaceutical Association and 'Top 10 Asia Pacific Bio-industrial Companies', from BioSpectrum Asia.
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