Junshi Signs an Exclusive License and Commercialization Agreement with Hikma for Toripalimab in Middle East and North Africa Region
Shots:
- Junshi to receive ~$12M up front & 20% royalties of the toripalimab’s net sales in the region. Hikma to get an exclusive license to develop & commercialize toripalimab in all MENA markets & will also obtain the right of the first negotiation for the future commercialization of three under-development drugs in MENA
- Hikma also obtains the rights to commercialize any combination product that comprises any therapeutically active pharmaceutical agent co-formulated or co-packaged with toripalimab
- The agreement helps to accelerate Hikma’s biotech & oncology portfolio and also enables to increase in patients’ access to PD-1s. Toripalimab is an anti-PD-1 mAb that has been approved for marketing in China for 6 indications
Ref: Globenewswire | Image: Junshi
Related News:- Junshi Reports MAA Submission of Toripalimab to the EMA for Nasopharyngeal Carcinoma and Esophageal Squamous Cell Carcinoma
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