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!

See preview >>

  Email address:
   

Jemincare Out-Licenses Prostate Cancer Candidate to Genentech for $650 Million

publication date: Aug 18, 2022

Nanchang Jemincare out-licensed global rights for its prostate cancer candidate to Genentech in a $650 million deal. The androgen receptor degrader, JMKX002992, is aimed at patients who are resistant to existing therapies. Genentech will pay $60 million upfront, $590 million in milestones, royalties on sales, and it will be responsible for development costs. Four years ago, Jemincare started developing novel drugs and now has a portfolio of eight biotech and 16 small molecule candidates. Previously, it announced two other out-licensings from its portfolio. Genentech is a subsidiary of Switzerland’s Roche. More details....

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