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Zai Lab In-licenses NSCLC Candidate from Turning Point in $176 Million Deal

publication date: Jul 7, 2020

Zai Lab, a Shanghai biopharma, signed a $176 million deal to acquire Greater China rights to a novel cancer drug developed by San Diego's Turning Point Therapeutics. Zai will pay $25 million upfront and up to $151 million in milestones. Currently ready to start Phase II trials, repotrectinib is a next-gen TKI that targets ROS1 and TRK A/B/C. ROS1 rearrangement is thought to be an oncogenic driver in 2%-3% of China patients with advanced NSCLC. Zai will add China sites to the Phase II global trial of repotrectinib. More details....

Stock Symbols: (NSDQ: ZLAB) (NSDQ: TPTX)

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