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BioWorld - Sunday, January 18, 2026
Home » Topics » Deals and M&A » License

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China’s Ji Xing signs flurry of Asian deals to advance cardiovascular pipeline and global ambitions

Jan. 16, 2024
By Tamra Sami
Shanghai-based Ji Xing Pharmaceuticals has signed a number of licensing deals over the last week for China rights to cardiovascular drugs to advance its pipeline and its global ambitions, partnering most recently with Tokyo-based TMS Co. Ltd. after the Chinese company acquired global rights for TMS-007 (also known as BIIB-131) from Biogen Inc.
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Henlius-Sermonix deal

Sermonix out-licenses China rights of breast cancer drug to Henlius

Jan. 12, 2024
By Marian (YoonJee) Chu
U.S. biopharma Sermonix Pharmaceuticals Inc. handed off China rights of lasofoxifene, an oral endocrine therapy in development for breast cancer, to Shanghai’s Henlius Biotech Inc., for an undisclosed up-front payment and up to $58 million in milestone fees.
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China’s Ji Xing signs flurry of Asian deals to advance cardiovascular pipeline and global ambitions

Jan. 12, 2024
By Tamra Sami
Shanghai-based Ji Xing Pharmaceuticals has signed a number of licensing deals over the last week for China rights to cardiovascular drugs to advance its pipeline and its global ambitions, partnering most recently with Tokyo-based TMS Co. Ltd. after the Chinese company acquired global rights for TMS-007 (also known as BIIB-131) from Biogen Inc.
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Antibodies and red blood cells
Immuno-oncology

Radiance granted option for Biocytogen HER2/TROP2 ADC

Jan. 12, 2024
Biocytocgen Pharmaceuticals (Beijing) Co. Ltd. has entered into an exclusive option and license agreement with Radiance Biopharma Inc., granting Radiance an option to license from Biocytogen a first-in-class fully human anti-HER2/TROP2 bispecific antibody-drug conjugate (BsADC).
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Allorion’s CDK2 inhibitor at center of potential $1B licensing deal with Avenzo

Jan. 9, 2024
Amid a flurry of dealmaking activity to start 2024, Allorion Therapeutics Inc., a 2020 startup based in Natick, Mass., and Guangzhou, China, has been extra busy. Two days after disclosing a potential $540 million deal with Astrazeneca plc, Allorion inked a licensing agreement with Avenzo Therapeutics Inc. that could total more than $1 billion.
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Allorion’s CDK2 inhibitor at center of potential $1B licensing deal with Avenzo

Jan. 9, 2024
Amid a flurry of dealmaking activity to start 2024, Allorion Therapeutics Inc., a 2020 startup based in Natick, Mass., and Guangzhou, China, has been extra busy. Two days after disclosing a potential $540 million deal with Astrazeneca plc, Allorion inked a licensing agreement with Avenzo Therapeutics Inc. that could total more than $1 billion.
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Antibody-drug conjugate

Medilink nets second $1B deal, out-licenses ADC to Roche

Jan. 9, 2024
By Marian (YoonJee) Chu
Three months out from its first $1 billion deal with Biontech SE for an antibody-drug conjugate (ADC), Suzhou, China-based Medilink Therapeutics Co. Ltd. clinched another potential $1 billion ADC deal, but this time with Roche Holding AG.
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RNA strand

Argo, Novartis sign two deals for CV assets for potentially $4B+

Jan. 9, 2024
By Marian (YoonJee) Chu
Announcing two licensing deals with Swiss pharma giant Novartis AG, Shanghai-based Argo Biopharmaceutical Co. Ltd. said on Jan. 7 that it stands to gain up to $4.165 billion for two of its cardiovascular assets combined. Marking the “first significant overseas out-licensing transaction in the RNAi field from a Chinese biotech company,” the deal includes an up-front payment of $185 million from Novartis to Argo.
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Inflammatory

Keiferx and Georgetown University expand TKI licensing agreement into new disease indications

Jan. 9, 2024
Keiferx LLC has expanded its exclusive licensing agreement with Georgetown University to advance the development of novel tyrosine kinase inhibitor (TKI) chemical entities for the treatment of multiple disease indications.
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RNA strand

Argo, Novartis sign two deals for CV assets for potentially $4B+

Jan. 8, 2024
By Marian (YoonJee) Chu
Announcing two licensing deals with Swiss pharma giant Novartis AG, Shanghai-based Argo Biopharmaceutical Co. Ltd. said on Jan. 7 that it stands to gain up to $4.165 billion for two of its cardiovascular assets combined. Marking the “first significant overseas out-licensing transaction in the RNAi field from a Chinese biotech company,” the deal includes an up-front payment of $185 million from Novartis to Argo.
Read More
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