Harbour BioMed inks $350 million deal for rights to A167

20 August 2018

Hot on the heels of a licensing deal with India’s Glenmark, China and USA-based Harbour BioMed has entered into an exclusive strategic partnership with China’s Sichuan Kelun-Biotech Biopharmaceutical to develop and commercialize A167, an anti-PD-L1 antibody in Phase II clinical development, worldwide outside of the Greater China region.

The companies will also collaborate in developing combination therapies of A167 with other agents for commercialization in their respective territories.

Under the agreement, Kelun-Biotech will receive upfront, development and regulatory milestones, and commercial milestones based on preset goals, with a potential value of more than $350 million, in addition to royalties based on annual net sales. Harbour will have exclusive rights to develop, manufacture and commercialize A167 in regions outside of Greater China. Both companies will share data generated from their own research and clinical trials to support mono and combination therapies of A167 with other agents for both parties’ development and registration.

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