Hansoh Pharma strikes 15B dollar Roche deal

Chinas Hansoh Pharmaceutical has agreed to a partnership and licensing deal with Roche potentially worth over 15 billion dollars. The agreement covers a portfolio of antibody-drug conjugate cancer programs and includes a 400 million dollar upfront payment.

Xurve View
Insights:
The logo of Swiss drugmaker Roche is seen at its headquarters in Basel, Switzerland January 30, 2020. REUTERS/Arnd Wiegmann/ File Photo

Hansoh Pharmaceutical Group struck a licensing agreement with Roche Holding AG-BR worth over $15 billion on Monday afternoon, covering antibody-drug conjugate programs.

IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.