PharmaMar out-licenses Yondelis to Taiwanese company

9 June 2020

Spanish drugmaker PharmaMar (MC: PHM) and Taiwanese company TTY Biopharm have announced an exclusive licensing agreement for the import, use, marketing, sale and distribution of the marine-derived anticancer drug Yondelis (trabectedin) in Taiwan, Hong Kong and Macao.

Under the terms of the agreement, PharmaMar will receive a non-disclosed upfront sum and will also be eligible for an additional regulatory milestone payment.

Rights returned from Janssen

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