Henlius Biotech announces licensing deals
Shanghai Henlius Biotech (2696: HK) today revealed it has entered into a strategic collaboration with fellow Chinese drug developer GeneQuantum Healthcare, and with UK-based Envision Pharma. No financial terms of the deals were disclosed.
As agreed with GeneQuantum, Henlius will obtain the development and exclusive commercialization rights for the innovative HER2-targeted antibody-drug conjugate (ADC) GQ1005 in China and certain overseas markets. The drug candidate, currently in Phase III clinical development, is being evaluated for HER2-positive breast cancer.
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