Tesaro and China's Zai Lab link up on cancer candidate niraparib
Oncology-focussed US biotech firm Tesaro (Nasdaq: TSRO) and China-based Zai Lab have announced a collaboration to develop and commercialize niraparib for patients in China, with the further potential to advance two immuno-oncology programs outside of the Asian country.
Within this collaboration, Tesaro has granted to Zai Lab an exclusive license for the development of niraparib specifically for the Chinese market, which includes an option for the Boston-based company to participate in the commercialization of the drug in greater China.
The companies will establish a joint steering committee to review and oversee all development and commercialization plans. In addition, Tesaro has the option to license two novel, discovery-stage immuno-oncology programs from Zai Lab.
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