Partnering, Pharma

Sellas Clinicals in pharma licensing deal for $531.4 million with Fosun Pharma

Posted on 23 October 2013

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Shanghai Fosun Pharma plans to sell ex-China rights for two drug candidates in pharma licensing deal– one treating cancer, the other diabetes – to Sellas Clinicals Holding of Switzerland.

Sellas will pay up to $531.4 million in clinical milestones, based on trials in the US and Europe.

The pharma licensing agreement, which has not been finalized, will be between an indirect subsidiary of Fosun, Chongqing Fochon Pharma, and Sellas.

For further deal information visit Current Agreements (subscription required)

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