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[China BD Deal] Fosun and Sitala enters a 670 million license on CFBi FXS6837

Announced Date: 2025-08-26 (August 26, 2025)

Asset Name: FXS6837 (Other code: XH-S003)

Licensor: Fosun Pharma and Fosun Pharma Industrial. (“Fosun Pharma”; stock code: 600196.SH, 02196.HK) (Headquarter,Shanghai, China)

Licensee (Buyer): Sitala(Sitala Bio Ltd,UK)

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Asset Target: Undisclosed Immune regulation disease target

[CninMed  surmise:Complement Factor B (CFB),WO2022143940]

Asset Modality: Small  Molecule

Current Stage: Phase II, China (IgA, PNH)

Scope of Authority:

Forsun has granted Sitala an exclusive license to develop, manufacture, and commercialize FXS6837 outside Great China

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Deal Detail:

Upfront payment of  $25 million;

Development and regulatory milestone payments up to  $165 million;

Sales milestone payments of up to $480 million;

Total up to $670 million.

Additional royalties based on net sales in the licensed territories.

Additionally, Fosun may acquire shares of Sitala valued at $5 million at zero consideration.

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Link: https://stockn.xueqiu.com/02196/20250826549847.pdf

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