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BioLineRx in $270 Million Deal for China Rights for Stem Cell Mobilizer

publication date: Oct 31, 2023

BioLineRx, an Israeli biotech, out-licensed China rights to motixafortide, a stem cell mobilizer, to Guangzhou Gloria Biosciences in a $280 million agreement. One month ago, BioLineRx was approved to launch Aphexda™ (motixafortide) in the US in combination with filgrastim (G-CSF) to mobilize hematopoietic stem cells for collection and autologous re-transplantation in multiple myeloma patients. It also plans to start trials of motixafortide in patients with sickle cell disease. In 2021, GloriaBio was approved for China marketing of YuTuo® (zimberelimab), a PD-1 inhibitor, for classical Hodgkin’s lymphoma. More details....

Stock Symbols: (NSDQ/TASE: BLRX)

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