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Hansoh Enters $207 Million Agreement for Biotheus EGFR/MET Bispecific

publication date: Nov 15, 2022

Jiangsu Hansoh Pharma acquired greater China rights to an EGFR/MET bispecific antibody from Zhuhai’s Biotheus in an $207 million agreement. Hansoh will be responsible for all costs necessary to develop PM1080 for cancer. It will pay $7 million upfront, up to $200 million in milestones and royalties on sales. Biotheus will retain ex-China rights to the drug, which has best-in-class potential and has shown good safety/efficacy profiles in previous pre-clinical tests. PM1080 is currently in GLP toxicity studies at Biotheus. More details....

Stock Symbol: (HK: 3692)

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