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CStone Out-Licenses China CTLA-4 Rights to Hengrui in $200 Million Deal

publication date: Nov 22, 2021

Suzhou CStone Pharma out-licensed greater China rights for its CTLA-4 mAb to Jiangsu Hengrui Pharma in a $200 million agreement. Hengrui will have rights to develop, manufacture and commercialize CS1002 in the territories. CStone has completed a successful China Phase I trial of CS1002 in combination with its PD-1 that enrolled patients with melanoma, hepatocellular carcinoma and microsatellite instability high/deficient mismatch repair (MSI-H/dMMR) tumors. The company will receive up to $200 million in upfront and milestone payments, plus double-digit royalties from Hengrui. More details....

Stock Symbols:  (HK: 2616) (SHA: 600276)

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