China's Jemincare inks licensing deal with Roche

18 August 2022

Shanghai, China-based Jemincare today announced entering into an exclusive worldwide license agreement with Swiss pharma giant Roche (ROG: SIX) and its US subsidiary Genentech, for the development and commercialization of its androgen receptor degrader, JMKX002992.

Under the terms of the agreement, Genentech will be granted an exclusive license to develop and commercialize the degrader worldwide, and will be fully responsible for the development and commercialization costs.

Financial terms of the accord

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