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Zai Lab Signs Two In-Licensing Deals with $800 Million Total Value

publication date: Nov 9, 2021

Shanghai Zai Lab announced two major in-licensings: a $615 million deal for two cancer drugs from Blueprint Medicines and a $187 million agreement for a psychiatric drug from Karuna Therapeutics. Zai will have greater China rights to two Blueprint next-gen EGFR candidates aimed at non-small cell lung cancer (NSCLC), which Blueprint says have first-in-class potential. Karuna's KarXT is a M1/M4-preferring muscarinic agonist that has shown preliminary benefits for patients with psychosis from schizophrenia and Alzheimer's. KarXT is Zai's first neurologic drug candidate. More details....

Stock Symbols: (NSDQ: ZLAB; HKEX: 9688) (NASDAQ: KRTX)

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