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BioWorld - Saturday, November 23, 2024
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» I-Mab licenses rights for diabetes treatment to CSPC for $21.7M
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I-Mab licenses rights for diabetes treatment to CSPC for $21.7M
Dec. 24, 2018
By
Elise Mak
No Comments
HONG KONG – I-Mab Biopharma (Shanghai) Co. Ltd. out-licensed China rights to its long-acting glucagon-like peptide-1 (GLP-1) Fc protein, known as TG-103, to treat diabetes to CSPC Pharmaceutical Group Co. Ltd. for ¥150 million (US$21.7 million).
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