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Medicines Development

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GSK and Hengrui Pharma Announce $12.5 Billion Multi-Asset Collaboration

Originally Published 5 months ago — by GSK

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Source: GSK

GSK and Hengrui Pharma have entered into agreements to develop up to 12 innovative medicines, including a potential best-in-class PDE3/4 inhibitor for COPD, with GSK paying $500 million upfront and the potential for up to $12 billion in milestone payments, aiming to expand their pipelines in respiratory, immunology, inflammation, and oncology.