Teva Pharmaceuticals Partners with Fosun Pharma to Develop Innovative Cancer Therapy

Reuters
16 Jun
Teva Pharmaceuticals Partners with Fosun Pharma to Develop Innovative Cancer Therapy

Teva Pharmaceutical Industries Ltd. and Shanghai Fosun Pharmaceutical (Group) Co., Ltd. have announced a strategic partnership to develop TEV-56278, an anti-PD1-IL2 ATTENUKINE therapy. This collaboration aims to leverage Teva's innovative drug development expertise and Fosun Pharma's strong oncology development experience, particularly in the China market. Under the agreement, Fosun Pharma receives an exclusive license to develop, manufacture, and commercialize the therapy in various Asian regions, while Teva retains rights for the rest of the world. The partnership is expected to accelerate clinical data generation and advance the global development of this promising cancer treatment.

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. Teva Pharmaceutical Industries Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001102802-en) on June 16, 2025, and is solely responsible for the information contained therein.

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