Lilly and Innovent expand alliance to include immuno-oncology bispecific antibodies
US pharma major Eli Lilly (NYSE: LLY) and China’s Innovent Biologics have expanded their drug development collaboration, already one of the largest in China between a multi-national and domestic biopharmaceutical company.
Under the expanded agreement:
- The companies will collaborate to support the development and potential commercialization of up to three anti-PD-1 based bispecific antibodies for cancer treatments over the next decade), both inside and outside of China.
- Under the previous agreement (The Pharma Letter March 20), Lilly will exercise its rights to develop, manufacture and commercialize these potential cancer treatments outside of China.
- Innovent, a leading Chinese biotech firm, will now have the rights to develop, manufacture and commercialize these potential cancer treatments for China, subject to a Lilly opt-in right for co-development and commercialization.
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