Henlius in-licenses lasofoxifene from Sermonix
China’s Shanghai Henlius Biotech (2696: HK) today announced a strategic collaboration agreement with USA-based Sermonix Pharmaceuticals for exclusive rights to develop, manufacture and commercialize Sermonix’ lead investigational drug, lasofoxifene, in China.
Henlius will receive exclusive rights and sublicenses to lasofoxifene for at least two estrogen receptor-positive (ER+)/HER2- breast cancer indications in the territory, with Sermonix retaining all other global rights.
Privately-held Sermonix acquired rights to lasofoxifene, marketed under the trade name Fablyn for the treatment of osteoporosis in post-menopausal women, in 2015 from Ligand Pharmaceuticals (Nasdaq: LGND), for an upfront payment of $45 million.
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