UK pharma major GSK (LSE: GSK) has entered into an exclusive license agreement with Chinese biopharma firm Hansoh Pharma (HKEX: 03692) for HS-20089, a B7-H4 targeted antibody-drug conjugate (ADC), which is currently in Phase I (NCT05263479) clinical trials in China.
Under the accord, GSK will obtain exclusive worldwide rights (excluding China’s mainland, Hong Kong, Macau, and Taiwan) to progress development and commercialization of HS-20089. The news pushed Hansoh’s shares up as much as 3% to HK$11.36.
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