As China Prices Drop, Junshi Looks To Coherus To Take PD-1 Global

Execs See China Deal Structure, Valuation Evolving

After Novartis, US firm Coherus leaps into the China immuno-oncology fray by licensing rights to innovative drugs from Shanghai's Junshi.

China growth
JUNSHI AND COHERUS SIGN PD-1 DEAL AS DEALMAKING STRONG FOR BIOTECH IN CHINA • Source: Shutterstock

The latest new deal is a sign that made in China cancer drugs continue to generate interest from outside the country, due in part to increasing competition in the domestic immuno-oncology market.

US biotech firm Coherus BioSciences, Inc. has agreed to develop an immuno-oncology antibody from Shanghai Junshi Biosciences Co., Ltd

Read the full article – start your free trial today!

Join thousands of industry professionals who rely on Scrip for daily insights

  • Start your 7-day free trial
  • Explore trusted news, analysis, and insights
  • Access comprehensive global coverage
  • Enjoy instant access – no credit card required

More from China

More from Focus On Asia