Sun Pharma and AstraZeneca collaborate on new cancer drugs in China
India’s largest drugmaker Sun Pharmaceutical Industries (BSE: 524715) has entered into a licensing agreement with UK pharma major AstraZeneca (LSE: AZN) to introduce certain novel ready-to-use (RTU) infusion oncology products in China.
News of the deal saw Sun Pharma’s shares leap nearly 5% to 452.90 rupees, though they fell back by close of trading in India.
Terms of the collaboration
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