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Drug Licensing Deal

1 GoKawiil brief on this topic

Roche licenses obesity drug from China's Hansoh Pharma in deal worth up to $15 billion

Roche has agreed to partner with Chinese pharmaceutical company Hansoh Pharmaceutical on an experimental drug, with the deal potentially valued at more than $15 billion depending on milestone payments. Roche will take over development and commercialization rights for markets outside mainland China, Hong Kong, Macau and Taiwan once early-stage clinical trials are finished.