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Henlius In-licenses Novel ESR1 Antagonist Therapy for Breast Cancer in $58 Million Deal

publication date: Jan 12, 2024

Shanghai Henlius Biotech acquired China rights to a novel clinical-stage breast cancer therapy developed by Sermonix Pharma of Columbus, Ohio. Henlius will have rights to develop, manufacture and commercialize lasofoxifene for at least two estrogen receptor-positive (ER+)/HER2- breast cancer indications in China. It made an upfront payment to Sermonix and will pay up to $58 million in milestones, plus royalties. Sermonix develops novel drugs that treat metastatic breast cancers harboring ESR1 mutations. Lasofoxifene is a novel endocrine therapy that has shown robust target engagement as an ESR1 antagonist for breast cancer. More details....

Stock Symbol: (HK: 2696)

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