Money

Pfizer signs $1.25bn cancer antibody licensing deal with China’s 3SBio

Article Summary

Pfizer has entered into a licensing agreement with 3SBio, a Chinese biopharmaceutical company, for the exclusive global, ex-China, rights to a potential treatment for a rare paediatric disease. The agreement highlights Pfizer’s focus on expanding its portfolio of rare disease treatments and strengthening its position in the global market.

What This Means for You

  • Practical implication 1: Increased options for patients with rare paediatric diseases as Pfizer invests in new treatments.
  • Implication 2: Pfizer’s strategic partnerships may provide opportunities for further advancements in rare disease research and development.
  • Implication 3: Investors may want to consider Pfizer’s focus on rare diseases as a potential area for growth in their portfolio.
  • Future outlook: Continued investment in rare disease treatments may lead to groundbreaking discoveries and innovative therapies in the near future.

Original Post

Pfizer has entered into an exclusive global, ex-China, licensing agreement with 3SBio, a Chinese biopharmaceutical company, listed on the Hong Kong Stock Exchange (HKEX), according to a May 19 company announcement. 


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Key Terms

  • Rare diseases
  • Licensing agreement
  • Chinese biopharmaceutical company
  • Pfizer
  • Global market



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