GUANGZHOU, China, March 23, 2023 /PRNewswire/ -- Everest Medicines (HKEX 1952.HK, "Everest", or the "Company"), a biopharmaceutical company focused on the development, manufacturing and commercialization of innovative medicines and vaccines, announced today that it has signed an MOU for comprehensive strategic cooperation with Guangdong Academy of Medical Sciences in renal disease research, scientific innovation and translational studies. Professor Yu Xueqing is an internationally renowned nephrologist who has held positions including President of International Society for Peritoneal Dialysis, Executive Director of the International Society of Nephrology, Chairman of the Chinese Society of Nephrology and is the president-elect of the Asia-Pacific Society of Nephrology. Under the leadership of Professor Yu and harnessing the wealth of expertise, technology and medical data at Guangdong Provincial People's Hospital and other affiliated research institutions, the Guangdong Academy of Medical Sciences is well recognized for its capabilities in medical research and innovation. Strategically situated in the Greater Bay Area and aligned with the implementation of key projects such as the development of national and regional medical centers, the Academy has a scientific research team to carry out R&D on critical and chronic non-infectious diseases and strives to advance research results into clinical development as soon as possible. Everest Medicines is a biopharmaceutical company focused on developing, manufacturing and commercializing transformative pharmaceutical products and vaccines that address critical unmet medical needs for patients in Asian markets. The management team of Everest Medicines has deep expertise and an extensive track record from both leading global pharmaceutical companies and local Chinese pharmaceutical companies in high-quality discovery, clinical development, regulatory affairs, CMC, business development, and operations. Everest Medicines has built a portfolio of potentially global first-in-class or best-in-class molecules in the company's core therapeutic areas of renal diseases, infectious diseases and autoimmune disorders. For more information, please visit its website at (www.everestmedicines.com). Forward-Looking Statements:
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