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Hansoh Enters $170 Million Agreement for Endometriosis/Uterine Fibroid Therapy

publication date: Aug 9, 2022

Shanghai Hansoh Pharma acquired Greater China rights to a therapy for endometriosis, uterine fibroids and other indications from Korea’s TiumBio in deal worth up to $170 million. TU2670, an oral active non-peptide GnRH antagonist, has successfully completed two Phase I trials. TiumBio believes the candidate offers causes side effects than the current standard of care. TiumBio is an R&D-focused biopharma that develops innovative small molecule and biologic medicines. Hansoh will pay $6 million in upfront costs and up to $164 million in milestones, plus royalties. More details....

Stock Symbol: (HK: 3692)

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