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2096 — Simcere Pharmaceutical News Story

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Roche signs global licensing pact for Simcere's B-cell cancer drug candidate

Roche signs global licensing pact for Simcere's B-cell cancer drug candidate

- Chinese drugmaker Simcere Pharmaceutical signed a licensing agreement with Roche on Monday, granting the Swiss pharmaceutical company exclusive global rights to develop, manufacture and commercialise SIM0660, an antibody targeting B-cell cancers.

As per deal terms, Simcere is eligible to receive $75 million of upfront payment and up to $1.46 billion in milestone payments.


(Reporting by Jasmeen Ara Shaikh in Bengaluru; Editing by Anil D'Silva)

((JasmeenAraIslam.Shaikh@thomsonreuters.com;))

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