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Incyte, Hengrui In ‘Biggest Ever’ China Pharma Out-Licensing Deal

This article was originally published in PharmAsia News

Executive Summary

Incyte has acquired most global rights to an immuno-oncology antibody developed by China's Jiangsu Hengrui, in a deal worth up to nearly $800m plus royalties that will give the US firm a foothold in the PD-1 area and open up new combination therapies.

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