Pfizer Finalizes $1.25 Billion Licensing Deal with 3SBio for Cancer Immunotherapy SSGJ-707

Reuters

07-24

Pfizer Finalizes $1.25 Billion Licensing Deal with 3SBio for Cancer Immunotherapy SSGJ-707

Pfizer Inc. has finalized a significant licensing agreement with 3SBio, Inc., securing exclusive global rights, excluding China, for the development, manufacturing, and commercialization of SSGJ-707, an innovative cancer immunotherapy. This agreement includes a $1.25 billion payment to 3SBio, alongside a $100 million equity investment, and further option payments up to $150 million for exclusive rights in China. SSGJ-707, developed using 3SBio's proprietary CLF2 platform, is undergoing clinical trials in China for various cancers, including non-small cell lung cancer, with positive interim results. Pfizer plans to advance the global Phase 3 development plan, with production in North Carolina and Kansas, underscoring its commitment to pioneering cancer treatments.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pfizer Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250723348471) on July 24, 2025, and is solely responsible for the information contained therein.

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This agreement includes a $1.25 billion payment to 3SBio, alongside a $100 million equity investment, and further option payments up to $150 million for exclusive rights in China. SSGJ-707, developed using 3SBio's proprietary CLF2 platform, is undergoing clinical trials in China for various cancers, including non-small cell lung cancer, with positive interim results. Pfizer plans to advance the global Phase 3 development plan, with production in North Carolina and Kansas, underscoring its commitment to pioneering cancer treatments.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pfizer Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250723348471) on July 24, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4550","symbol_name":"红杉资本持仓","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250724:nNDL8cQCnf:1","article_id":"2553201088","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2553201088","pubTimestamp":1753353935,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Pfizer Inc. has finalized a significant licensing agreement with 3SBio, Inc., securing exclusive global rights, excluding China, for the development, manufacturing, and commercialization of SSGJ-707, an innovative cancer immunotherapy. 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This agreement includes a $1.25 billion payment to 3SBio, alongside a $100 million equity investment, and further option payments up to $150 million for exclusive rights in China. SSGJ-707, developed using 3SBio's proprietary CLF2 platform, is undergoing clinical trials in China for various cancers, including non-small cell lung cancer, with positive interim results. Pfizer plans to advance the global Phase 3 development plan, with production in North Carolina and Kansas, underscoring its commitment to pioneering cancer treatments.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pfizer Inc. published the original content used to generate this news brief via Business Wire (Ref. 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