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[China BD Deal] RemeGen and Santen enters a 1.3 billion RMB license on Anti-VEGF/FGF Fusion Protein RC28-E

Announced Date: 2025-08-19 (August 19, 2025)

Asset Name: RC28-E Intravitreal Injection

Licensor: RemeGen (RemeGen Co., Ltd., China)

Licensee (Buyer): Santen(Santen Pharmaceutical Co., Ltd,Japan; Santen Pharmaceutical (China) Co. Ltd.)

Asset Target: Vascular endothelial growth factor (VEGF) and fibroblast growth factor (FGF). 

Asset Modality: Bi-specific fusion protein drug

Current Stage: Phase III, China

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Scope of Authority:

RemeGen has granted Santen a paid license for its proprietary RC28-E intravitreal injection. Santen has obtained exclusive rights to develop, manufacture, and commercialize RC28-E within the following business territories: Mainland China, Taiwan, Hong Kong, Macau, South Korea, Thailand, Vietnam, Singapore, the Philippines, Indonesia, and Malaysia.

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Deal Detail:

Upfront payment of RMB 250 million;

Development and regulatory milestone payments up to  RMB 520 million;

Sales milestone payments of up to RMB 525 million;

Additional royalties based on net sales in the licensed territories.

Total RMB 1.295 billion plus

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Link:

Santen Announces New Licensing Agreement with RemeGen for RC28-E Intravitreal Injection, an Anti-VEGF/FGF Dual-Target Fusion Protein

https://www.santen.com/en/news/2025/2025_1/20250819

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