Brief: LianBio Says Co, LianBio Development And Janssen Pharmaceutica NV Entered Into Asset Purchase Agreement

LianBio

26/12/2023 21:25

Dec 26 (Reuters) - LianBio  LIAN.O :
    * LIANBIO- ON DEC 22, LIANBIO DEVELOPMENT (HK) LIMITED,
JANSSEN
PHARMACEUTICA NV,  LIANBIO ENTERED INTO AN ASSET PURCHASE
AGREEMENT
    * LIANBIO- LIANBIO DEVELOPMENT, CERTAIN AFFILIATES WILL SELL
TO
JANSSEN ALL OF SELLER ENTITIES’ RIGHTS, TILE INTERESTS IN
PRODUCTS LICENSED TO UNIT
    * LIANBIO- PURSUANT TO DEAL, LIANBIO DEVELOPMENT WILL
RECEIVE
ONE-TIME PAYMENT OF $25 MILLION
    * LIANBIO- CONCURRENTLY WITH EXECUTION OF APA, LIANBIO,
LIANBIO
DEVELOPMENT, NANOBIOTIX, JANSSEN ENTERED INTO NOVATION
AGREEMENT, DATED DEC 22, 2023

Further company coverage:  LIAN.O 

 ((Reuters.Briefs@thomsonreuters.com;))