Yuhan Corp. has reached a license and co-development agreement with Janssen Biotech Inc. for the South Korean company's novel third-generation EGFR tyrosine kinase inhibitor (TKI) lazertinib, in a massive deal worth as much as $1.25bn in total plus double-digit sales royalties to Yuhan along with the drug's originators.
The move marks another long-awaited mega licensing alliance between South Korean and global pharma firms, and adds to the increasing international recognition of the
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