Haisco Pharma secured China rights to a novel treatment for chronic wounds developed by Microbion, a US-Canada biopharma. To gain the rights, Haisco made an investment of undisclosed size in Microbion. The drug, MBN-101, is a clinical-stage product in the bismuth-thiol class aimed at treating resistant and difficult-to-treat infections, including biofilms. Haisco will be responsible for China regulatory work and commercialization of MBN-101.