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HUTCHMED (China) signs licensing deal with GSK for experimental solid tumour drug
Source: reuters.com
Healthcare & BiotechCompany FundamentalsPatents & Intellectual Property
HUTCHMED will receive a $110 million upfront payment from GSK’s subsidiary (GlaxoSmithKline Intellectual Property (No. 4) Ltd) for rights to an experimental solid-tumor drug. The deal adds near-term funding and indicates continued pharma validation of the asset.
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