Did you know?

ChinaBio® Group is a consulting and advisory firm helping life science companies and investors achieve success in China. ChinaBio works with U.S., European and APAC companies and investors seeking partnerships, acquisitions, novel technologies and funding in China.  

Learn more >>

Free Newsletter

Have the latest stories on China's life science industry delivered to your inbox daily or weekly - free!

  Email address:
   

CStone Out-Licenses China Rights for anti-PD-1 to 3SBio for $22 Million

publication date: Nov 1, 2023

Suzhou CStone Pharma out-licensed China rights for nofazinlimab, the company’s anti-PD-1 antibody, to a subsidiary of 3SBio for $8 million upfront and $14 million in near term milestones. CStone will also receive unspecified payments for sales milestones and royalties. 3SBio will have rights to develop, register, manufacture and commercialize nofazinlimab in mainland China. CStone expects to report results in Q1 of 2024 from a global Phase III trial of nofazinlimab plus lenvatinib as a first-line treatment for hepatocellular carcinoma (HCC). Yesterday, CStone's anti-PD-1/PD-L1 drug, sugemalimab, was approved in China for extranodal NK/T-cell lymphoma. More details....

Stock Symbols: (HK: 2616) (HK: 1530)

Share this with colleagues:  


This article is available for purchase - please click here for details.

Sorry this page is available to subscribers only.
If you're not a subscriber why not subscribe today?

If you are already a subscriber, please login.

If you believe you should have received this message in error, please contact us.


 

To gain access to the members only content click here to subscribe.

You will be given immediate access to premium content on the site.

ChinaBio® News

Greg Scott BIO-Europe Interview
Greg Scott Interviewed at BIO-Europe Spring

How to bring your China assets to China in 8 minutes


Greg Scott Mendelspod Interview
"Mr. Bio in China."
Mendelspod Interview

Multinational pharma held to a higher standard in China

Partner Event
November 2-3, 2023 | Shanghai
November 7-8, 2023 | Digital