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Roche signs global licensing pact for Simcere's experimental blood cancer drug

Source: reuters.com

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Roche signs global licensing pact for Simcere's experimental blood cancer drug

Roche will pay Simcere Pharmaceutical Group $75 million upfront for rights to an experimental blood cancer drug. The deal implies additional value tied to the program’s future development/commercialization, supporting investor confidence in Simcere’s pipeline.

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