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Hanmi Hits Jackpot Again, This Time With Janssen

 
• By Jung Won Shin

Hanmi's run of major licensing out deals is continuing apace. Just a few days after announcing a huge diabetes licensing agreement with Sanofi, the South Korean pharma firm has landed another global pact worth up to $915m for its long-acting GLP/GCG analog for diabetes and obesity, this time with Janssen.

SEOUL - Hanmi Pharmaceutical Co. Ltd. has inked a licensing out agreement with Janssen Pharmaceutical Cos. for the development and commercialization of its diabetes and obesity therapy HM12525A, a long-acting GLP/GCG analog.

Following a string of major licensing out deals with multinationals this year, the agreement will bring further international recognition of...

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