share_log

港股异动 | 康宁杰瑞制药-B(09966)暴涨超40% HER2双抗ADC授权石药集团 涉资高达30.8亿元

HK Stock Market News | Kangning Jerri Pharmaceutical-B (09966) soared over 40%. The HER2 dual-antibody ADC was authorized to cspc pharma, involving funding of up to 3.08 billion yuan.

Zhitong Finance ·  Sep 30 09:34

Kangning Jerui Pharmaceuticals-B (09966) soared by more than 40%, as of the deadline, rose 34.31%, trading at HK$4.11, with a turnover of 141.032 million Hong Kong dollars.

According to the Zhixun Finance APP, Kangning Jerui Pharmaceuticals-B (09966) soared by more than 40%, as of the deadline, rose 34.31%, trading at HK$4.11, with a turnover of 141.032 million Hong Kong dollars.

On the news front, Kangning Jerui announced that it has signed a licensing agreement with Jingman Te Bio-technology, a wholly-owned subsidiary of CSPC Pharma, to develop, sell, commit to sell, and commercialize JSKN003 (a dual-site targeted HER2 antibody-drug conjugate) in mainland China for the treatment of tumor-related indications. Under the terms of the license agreement, Jingman Te Bio-technology will receive exclusive licensing and sublicense rights to develop, sell, commit to sell, and commercialize JSKN003. Kangning Jerui will retain exclusive rights to supply JSKN003 for any purpose within and outside that region.

According to the license agreement, Kangning Jerui has the right to receive a total of up to RMB 3.08 billion in upfront and milestone payments, including receiving an upfront payment of RMB 0.4 billion, development milestone payments of RMB 0.3 billion related to the first patient enrolled in multiple registered clinical trials, regulatory milestone payments based on regulatory approval progress, and sales milestone payments. In addition, Kangning Jerui also has the right to receive a double-digit percentage of the net sales of JSKN003 as royalties.

The translation is provided by third-party software.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment