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[China BD Deal 2023] Hansoh and GSK enters a 1.57 billion USD license on B7-H4 ADC HS-20089

Announced Date: 2023-10-20 (October 20, 2023)

Asset Name: HS-20089

Licensor: Hansoh Pharma  (Hansoh) (China)

Licensee (Buyer): GSK plc (UK)

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Asset Modality: Antibody-drug conjugate (ADC) 

Asset Target: B7-H4 ,topoisomerase inhibitor (TOPOi)  payload

Potential indication:gynaecologic cancer,  ovarian and endometrial cancer , other solid tumours

Current Stage: phase I trials in China

Scope of Authority:

GSK will obtain exclusive worldwide rights (excluding China’s mainland, Hong Kong, Macau, and Taiwan) to progress clinical development and commercialisation of HS-20089.

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Deal Detail:

Upfront payment of  $0.85 million;

Milestone payments up to $1.475 billion;

Total up to $1.57 billion.

Additional royalties based on net sales in the licensed territories.

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Link:

GSK enters exclusive license agreement with Hansoh for HS-20089

https://www.gsk.com/en-gb/media/press-releases/gsk-enters-exclusive-license-agreement-with-hansoh-for-hs-20089/

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