Yuhan Corporation has bought its way into a cancer space targeted by Boehringer Ingelheim and Takeda, wagering up to $325 million to get its hands on a preclinical HER2 tyrosine kinase inhibitor (TKI).
Korean pharmaceutical companies, including Hanmi Pharmaceutical, LG Chem, and Yuhan Corp., are accelerating efforts to develop a new obesity drug with a new mechanism of action, a report said.
Yuhan Corp. said it receivedn11.8 billion won ($9.97 million) of milestone payment as its nnon-alcoholic steatohepatitis (NASH) therapy licensed out to Boehringer nIngelheim entered the global phase 1 trial.
Yuhan Corp. made a regulatory filing Monday saying that the company is to receive $65 million in milestone payment from Janssen Biotech.
Yuhan Corp. announced Wednesday it has licensed GI Innovation’s next-generation allergy treatment pipeline in a deal that could potentially total $1.2 billion.
After a string of pipeline deals aimed at revitalizing the R&D group, the decidedly private German company is undergoing a high-level makeover of the top team.
South Korea-based Bridge Biotherapeutics licensed out its BB-877 to Germany-based Boehringer Ingelheim for a total deal of about $1.75 billion. This is the second large deal for fibrotic diseases Boehringer Ingelheim inked since the beginning of the month.
Boehringer Ingelheim has licenced a preclinical fusion protein from Korean Yuhan Corp. that activates both GLP-1R and FGF21R to treat Nonalcoholic Steatohepatitis (NASH). Boehringer Ingelheim will pay $40m upfront and in near-term payments to acquire the commercialisation rights to the compound. Under the agreement, Yuhan Corp. is eligible to receive up to USD 830 million in potential milestone payments plus tiered royalties on future net sales.
Citing low demand, Pfizer is closing two legacy Hospira facilities in India, putting 1,700 jobs at risk. Gilead is paying $15 million upfront to get its hands on NASH programs at South Korea's Yuhan. Fujifilm is making bold expansions in the U.S., including building an iPSC facility in Wisconsin and adding capacities to another in North Carolina. And more.
Glenmark in second licensing deal for anti-histamine