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$200 million transaction!

 Last Update: 2021-10-20
 Source: Internet
 Author: User

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Article source: Medical Rubik's Cube Info

On October 12, Yehui Pharmaceutical announced that it had signed a licensing agreement with Sutro Biopharma.

According to the agreement, Yehui Pharmaceutical can choose to obtain the exclusive right to develop and commercialize STRO-001 in Greater China

Yehui Pharmaceuticals will pay Sutro a down payment of US$4 million, with potential payments related to option exercise, drug development, registration and commercial milestones totaling up to US$200 million

CD74 is expressed in a variety of blood cancers, and the drug-antibody ratio of STRO-001 is 2

In the United States, Sutro is exploring STRO-001 as a treatment for advanced patients with multiple myeloma (MM) and non-Hodgkin's lymphoma (NHL), including diffuse large B-cell lymphoma, mantle cell lymphoma, and follicles Lymphoma

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