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[China BD 2022] Henlius and Organon enters a 471 billion USD license on two Biosimilar mAb Assets HLX11 and HLX14

Announced Date: 2022-06-13 ( June 13, 2022)

Asset Name: Perjeta® (pertuzumab, HLX11) and Prolia®/Xgeva® (denosumab, HLX14).

Licensor: Shanghai Henlius Biotech (China)

Licensee (Buyer): Organon 

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Asset Detail:

HLX11 (anti-HER2 domain II humanized monoclonal antibody injection) is a biosimilar candidate of pertuzumab.

HLX14 (recombinant anti-RANKL human monoclonal antibody injection) is a biosimilar candidate of denosumab.

Pertuzumab is used for the treatment of certain patients with HER2+ breast cancer in combinations with trastuzumab and chemotherapy.

Denosumab is used for the treatment of certain patients with osteoporosis with high risk of fracture and for the prevention of skeletal-related events in patients with multiple myeloma and in patients with bone metastasis from solid tumors.

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Scope of Authority:

Organon will license commercialization rights for biosimilar candidates referencing Perjeta® (pertuzumab, HLX11) and Prolia®/Xgeva® (denosumab, HLX14).

Organon will acquire exclusive global commercialization rights except for China; including Hong Kong, Macau and Taiwan.

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Payment Detail:

The transaction includes an upfront payment of $73 million as well as additional payments upon the achievement of certain development, regulatory and commercial milestones. Total up to $541 million.

Henlius will be responsible for development and, if approved, will supply the products to Organon.

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Link:

Organon Enters into Global License Agreement to Commercialize Henlius’ Investigational Perjeta® (Pertuzumab) and Prolia®/Xgeva® (Denosumab) Biosimilar Candidates | Organon

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Note:

Shanghai Henlius Biotech (Chinese Name: 上海复宏汉霖

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