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Henlius Out-licenses Latin American Rights for Three Biosimilars in $55 Million Deal

publication date: May 17, 2022

Shanghai Henlius Biotech signed a $55 million agreement to out-license rights for three biosimilar drugs in 16 Latin America countries to Eurofarma, a Brazil pharma. Eurofarma will have rights to market the three biosimilars to drugs that were originally developed by Genentech: Rituxan (rituximab), Herceptin (trastuzumab) and Avastin (bevacizumab). Previously, Henlius had out-licensed rights to some of the drugs in other South American countries, as it has for major markets around the world. Henlius develops biosimilars, bio-betters and novel biologic candidates. More details....

Stock Symbol: (HK: 2696)

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