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BioWorld - Monday, September 25, 2023
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Home » Hansoh wins greater China rights to oncology drug from Nikang in $218M deal
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Hansoh wins greater China rights to oncology drug from Nikang in $218M deal

May 10, 2022
By Doris Yu
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Hansoh Pharmaceutical Group Co. Ltd. has acquired greater China rights to oncology candidate NKT-2152 from Nikang Therapeutics Inc. in a deal worth up to $218 million. Jiangsu, China-based Hansoh picked up exclusive rights to develop and commercialize the candidate in mainland China, Hong Kong, Macau and Taiwan. In turn, Nikang is eligible to receive $15 million up-front cash payment, as well as up to $203 million in potential development, regulatory and sales-based milestone payments, and tiered royalties.
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