Hanmi Does It Again - RAF Inhibitor Goes To Genentech In $910m Deal

After a series of blockbuster licensing deals last year, South Korea’s Hanmi has struck another major alliance, this time licensing out a novel oral RAF inhibitor that will strengthen biosimilar-threatened Genentech’s oncology portfolio.

BASEL, SWITZERLAND - APR 17: Roche headquarters on April 19, 2013 in Basel, Switzerland. Rocheis a Swiss global pharma company that operates worldwide producing pharmaceuticals and diagnostics.

Hanmi Pharmaceutical Co. Ltd. has entered into an exclusive license agreement with Genentech Inc., a subsidiary of Roche, for the development and commercialization of Hanmi’s oral pan-RAF inhibitor HM95573 for solid tumors, in a major global deal worth up to $910m plus sales royalties to the South Korean firm.

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