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BioWorld - Tuesday, May 13, 2025
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Home » Livzon licenses GERD drug from Onconic in $127.5M deal
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Livzon licenses GERD drug from Onconic in $127.5M deal

March 14, 2023
By Zhang Mengying
Livzon Pharmaceutical Group Inc. licensed rights to zastaprazan, a gastroesophageal reflux disease (GERD) treatment candidate, from Onconic Therapeutics Inc. in a $127.5 million deal. Under the agreement, Livzon, which is based in Guangdong, China, obtains the exclusive rights to develop, license, manufacture and commercialize the candidate in greater China. In turn, Seoul, Korea-based Onconic will obtain a $15 million up-front payment, and up to $112.5 million in development, licensing and commercialization milestone payments.
BioWorld BioWorld Asia Deals and M&A Gastrointestinal Asia-Pacific China

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