Merck strengthens oncology pipeline via ADC deal with Hengrui
German life sciences and pharma firm Merck KGaA (MRK: DE) today announced a strategic collaboration with China’s Jiangsu Hengrui Pharmaceuticals.
The partnership includes an exclusive license worldwide (ex-China) to develop, manufacture and commercialize Hengrui’s next-generation potent and selective PARP1 (poly (ADP-ribose) polymerase 1) trapping inhibitor HRS-1167.
Also included is an option to an exclusive license worldwide (ex-China) to develop, manufacture and commercialize Hengrui’s Claudin-18.2 antibody-drug conjugate (ADC) SHR-A1904. In addition, Merck has the option to co-promote both assets in China.
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