Tuesday, 02 January 2024 12:17 GMT

Roche Acquires Chinese Antibody-Drug Conjugate Rights For $500M


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(MENAFN- Swissinfo) The Swiss pharmaceutical company Roche has acquired the rights to a portfolio of antibody-drug conjugates (ADCs) developed by its Chinese competitor Hansoh Pharma, for $510 million (CHF420 million). Select your language
Generated with artificial intelligence. Listening: Roche acquires Chinese antibody-drug conjugate rights for $500m This content was published on October 19, 2026 - 14:50 1 minute Keystone-SDA
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The transaction consists of an initial instalment of $400 million, to be paid upon signing the contract, and a second instalment of $110 million, to be paid one year later.

The contract also provides for funding of $15 billion, subject to the achievement of development, regulatory or even commercial milestones, as well as commissions of an unspecified amount on any revenue, the Shanghai-based group stated in a press release issued today.

ADCs, or antibody-drug conjugates, are preparations that combine, amongst other things, an antibody and a chemotherapeutic molecule. Their purpose is to combat tumours.

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