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Organon Strikes $100m+ Global Deal For Henlius’ Denosumab And Pertuzumab

Gains Rights To Perjeta And Prolia/Xgeva Biosimilars As Well As Ipilimumab Option

 
• By Dave Wallace

Organon has agreed to pay an upfront price of $73m plus potentially a further $30m in milestone payments this year alone for the rights to Shanghai Henlius Biotech’s HLX14 denosumab and HLX11 pertuzumab biosimilar candidates outside China. The deal also offers Organon an option to negotiate with Henlius for rights to its ipilimumab biosimilar.

Deal handshake with US and China flags
US-based Organon has struck a deal with China’s Henlius • Source: Shutterstock

Organon has agreed a deal that will see it make a $73m upfront payment plus further milestone payments – potentially coming to $30m in 2022 alone – for exclusive global rights outside of China to Shanghai Henlius Biotech’s denosumab and pertuzumab biosimilar candidates.

Noting that the deal comprises “exclusive global commercialization rights except for China; including Hong Kong, Macau and Taiwan” to Henlius’ HLX11 pertuzumab rival to Perjeta and HLX14 denosumab version of Prolia/Xgeva, Organon said the deal “expands and underscores [our] commitment to [our] biosimilars

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