Brief: Hutchmed (China) Closes Exclusive Development And License Agreement With GSK Unit
BRIEF-Hutchmed (China) Closes Exclusive Development And License Agreement With GSK Unit Oct 21 (Reuters) - HUTCHMED (China) Ltd 0013.HK:
CLOSES EXCLUSIVE DEVELOPMENT AND LICENSE AGREEMENT WITH GSK SUBSIDIARY
TO RECEIVE USD$110 MILLION UPFRONT AND UP TO USD$1.19 BILLION IN MILESTONE PAYMENTS
GSK SUBSIDIARY GRANTED WORLDWIDE RIGHTS TO HMPL-A830 EXCLUDING CHINA, HK, MACAU, TAIWAN
Further company coverage: 0013.HK
((Reuters.Briefs@thomsonreuters.com;))
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