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Deal Watch: Harbour Expands Horizons Beyond China

 
• By Joseph Haas, Alexandra Shimmings, Jung Won Shin, and Anju Ghangurde

Antibody developer Harbour Biomed signs its first deal for rights outside China in cancer pact with Kelun. Portage buys SalvaRx to increase its immuno-oncology capabilities, while Paragon spinout Emalex will take over Psyadon’s pediatric Tourette syndrome program.

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Scrip regularly covers business development and deal-making in the biopharmaceutical industry. Below is a roundup of some of the most noteworthy recent transactions. Deal Watch is supported by deal intelligence from Strategic Transactions.

Having stated its ambitions to take on global licensing opportunities earlier this year, China’s Harbour BioMed signed its first worldwide licensing deal Aug. 19, obtaining rights to develop and commercialize Sichuan Kelun-Biotech Biopharmaceutical Co. Ltd.’s Phase II PD-L1 inhibitor A167

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