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Onward Ho! Glenmark Strikes First Onco Asset Deal With China’s Harbour BioMed

 
• By Anju Ghangurde

Glenmark has sealed a licensing deal for its early stage immuno-oncology asset with China’s Harbour BioMed, opening up new possibilities around collaborations between the two Asian nations. The Indian firm appears upbeat about the prospects of building further on this new linkage.

Hand shaking
GLENMARK AND HARBOUR BIOMED HAVE FIRMED UP A LICENSING DEAL FOR AN ONCOLOGY ASSET

Glenmark Pharmaceuticals Ltd. has delivered on its regional out-licensing plans. It has struck a deal with the Shanghai-based start-up Harbour BioMed for its lead immuno-oncology candidate. (Also see "Glenmark Sets Sights On Regional Out-Licensing, Lot Riding On US Rhinitis NDA" - Scrip, 31 May, 2018.)

The exclusive license agreement for the Greater China territory covers the development, manufacture and commercialization of GBR 1302, Glenmark’s bispecific antibody targeting HER2 and CD3 for the treatment of HER2-positive cancers

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