BRIEF-Simcere Pharmaceutical's Unit Enters Into License Agreement With Nextcure

Reuters
16 Jun
BRIEF-Simcere Pharmaceutical's Unit Enters Into License Agreement With Nextcure

June 16 (Reuters) - Simcere Pharmaceutical Group Ltd 2096.HK:

  • UNIT ENTERED INTO A LICENSE AGREEMENT WITH NEXTCURE

  • PURSUANT TO LICENSE AGREEMENT, GROUP ELIGIBLE TO RECEIVE PAYMENTS UP TO US$745 MILLION

  • UNDER DEAL NEXTCURE TO OBTAIN GLOBAL RIGHTS TO SIM0505 NOVEL ANTIBODY-DRUG CONJUGATE, OTHERS

Further company coverage: 2096.HK

((Reuters.Briefs@thomsonreuters.com))

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