Factbox-Major drugmakers turn to China for licensing deals

Merck logo is seen in this illustration taken March 26, 2025.

Merck logo is seen in this illustration taken March 26, 2025. (REUTERS/Dado Ruvic/Illustration)


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Sept 30 — Novo Nordisk said on ​Tuesday it will pay up to $2.6 billion to Jiangsu ‌Hengrui Pharmaceuticals for the rights to an ⁠experimental weight-loss ​pill, making it ⁠the latest drugmaker to ‌license China-developed ‌medicines.

Chinese biotechs often retain domestic ⁠rights and ⁠license their drugs overseas in exchange for upfront and milestone payments as well as royalties.

Some major deals are listed ‌below:

Date US-/EU-/ Chinese Deal Assets/pro Upfro Potentia

UK-based company type grams nt l value

company value

Septem Novo Jiangsu Licens HRS-1596, $300 Up to

ber Nordisk Hengrui ing experiment milli $2.6

2026 Pharmace al on billion

uticals weight-los

s ​pill

Septem Merck SciBrunc Licens SPR2015, $400 Up to

ber h ing experiment milli $2.13

2026 Therapeu al cancer on billion

tics drug

Septem GSK HUTCHMED Licens HMPL-A830, $110 Up to

ber (China) ing experiment milli $1.31

2026 al drug on billion

for solid

tumours

Septem Roche Simcere Licens SIM0660, $75 Up to

ber Pharmace ing experiment milli $1.54

2026 utical al blood on billion

Group cancer

drug

May Pfizer Innovent Licens 12 $650 Up to

2026 Biologic ing early-stag milli $10.5

s e oncology on billion

programs

May Bristol Jiangsu Licens 13 $600 Up to

2026 Myers Hengrui ing early-stag milli $15.2

Squibb Pharmace e programs on billion

uticals in

oncology,

hematology

and

immunology

Februa Eli Innovent Licens Experiment $350 Up to

ry Lilly Biologic ing al cancer milli $8.85

2026 s and on billion

immunology

drugs

Januar Novartis SciNeuro Licens Antibody $165 Up to

y 2026 Pharmace ing treatments milli nearly

uticals and on $1.7

drug-deliv billion

ery

technology

for

Alzheimer'

s disease

Januar AstraZen CSPC Licens SYH2082 $1.2 Up to

y 2026 eca Pharmace ing and other billi $18.5

utical experiment on billion

Group al drugs

for

obesity

and

weight-rel

ated

conditions

Januar AbbVie RemeGen Licens RC148, $650 Up to

y 2026 ing experiment milli $5.6

al cancer on billion

drug

Octobe Roche Hansoh Licens Experiment $80 Up ​to

r 2025 Pharma ing al milli $1.53

treatment on billion

for

colorectal

cancer and

other

solid

tumours

Septem Novartis Argo Licens Experiment $160 Up to

ber Biopharm ing al ‌drugs milli $5.36

2025 aceutica for on billion

l cardiovasc

ular

diseases

July GSK Jiangsu Licens HRS-9821 $500 Up to

2025 Hengrui ing for milli $12.5

Pharmace chronic on billion

uticals lung

disease

and

options

for ‌11

other

programmes

June Regenero Hansoh Licens HS-20094/o $80 Up ⁠to

2025 n Pharma ing latorepati milli $2.01

Pharmace de, on billion

uticals GLP-1/GIP

obesity

drug

May Pfizer 3SBio Licens SSGJ-707, $1.25 Up to

2025 ing experiment billi $6.05

al cancer on billion,

drug not

includin

g

Pfizer's

$100

million

equity

investme

nt

March Novo United Licens UBT251, $200 Up to $2

2025 Nordisk Laborato ing so-called milli billion

ries "triple-G" on

Internat weight-los

ional s drug

candidate

Decemb Merck Hansoh Licens HS-10535, $112 Up to $2

er Pharma ing oral milli billion

2024 weight-los on

s pill

Novemb Merck LaNova Licens LM-299, $588 Up to

er Medicine ing experiment milli $3.3

2024 s al cancer on billion

drug

June AbbVie FutureGe Licens FG-M701, $150 Up to

2024 n ing experiment milli $1.71

Biopharm al on billion

aceutica inflammato

l ry bowel

disease

drug

Decemb Bristol Sichuan Licens BL-B01D1, $800 Up to

er Myers Biokin ing experiment milli $8.4

2023 Squibb Pharmace al on billion

utical antibody

/SystImm cancer

une drug

Novemb AstraZen Eccogene Licens ECC5004, $185 Up to

er eca ing experiment milli about

2023 al oral on $2.01

obesity billion

and

diabetes

drug,

later

renamed

AZD5004

April BioNTech Duality Co-dev DB-1303 $170 Up ‌to

2023 Biologic elop and milli $1.7

s agreem DB-1311, on billion

ent experiment

al cancer

antibody-d

rug

conjugates

Decemb Summit Akeso Licens Ivonescima $500 Up to $5

er Therapeu ing b, milli billion

2022 tics experiment on

al ​cancer

therapy

(Reporting by Siddhi ‌Mahatole and ⁠Kunal ​Das in Bengaluru; Editing by Sahal ​Muhammed)

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