This report was first published by Endpoints News. To see the original version, click here
Takeda, which is undergoing a big pipeline transformation, has forged one of the year’s largest upfront R&D pacts. And like more than a third of this year’s biopharma licensing deals, it involves a Chinese drug developer.
The Japanese pharma will pay $1.2 billion upfront to Suzhou-headquartered Innovent Biologics to get access to immuno-oncology and antibody-drug conjugate medicines. The upfront includes a $100 million strategic equity investment in Innovent, the companies said Wednesday morning, or Tuesday night New York time.
您已閱讀17%（622字），剩余83%（3009字）包含更多重要信息，訂閱以繼續(xù)探索完整內(nèi)容，并享受更多專屬服務(wù)。