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BioWorld - Friday, November 22, 2024
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» Shanghai Pharma out-licenses global rights for cancer drug in $292M Huya deal
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Shanghai Pharma out-licenses global rights for cancer drug in $292M Huya deal
Nov. 1, 2021
By
Doris Yu
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Shanghai Pharmaceutical Holding Co. Ltd. out-licensed global rights of its antitumor small-molecule chemical drug, SPH-6162, to U.S.-based Huya Bioscience International LLC in a deal worth up to $292.5 million, plus a sales commission of 3% to 6%.
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