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China's InnoCare, Eli Lilly sign collaboration deal worth up to $3.35 billion
Source: reuters.com
Healthcare & BiotechPrivate Markets & VentureTechnology & Innovation
InnoCare Pharma entered a research collaboration and licensing agreement with Eli Lilly that could be worth up to approximately $3.35 billion. The partnership is a significant validation of InnoCare's drug-development platform and provides substantial potential milestone and licensing economics, likely supporting sentiment toward the Chinese biotech.
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