Sanofi too looks to Suzhou for biotech opportunity
It has been a busy day for oncology collaborations between biotechs in Suzhou, China, and pharma majors in Europe.
As Innovent Biologics (HKEX: 01801) reveals details of a new tie-up with Roche (ROG: SIX), another biotech from the city, Alphamab Oncology (HKEX: 9966), has announced a project with Sanofi (Euronext: SAN).
The French firm will work with Jiangsu Alphamab Biopharmaceuticals, a wholly-owned subsidiary of Alphamab, to test KN026 in combination with Taxotere (docetaxel) in HER2+ breast cancer.
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