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Week In Review: Kumquat Signs $2 Billion US-China Deal With Lilly For Novel Immune Drugs
Article By: ChinaBio® Today
Saturday, July 31, 2021 1:28 PM EDT
Kumquat Biosciences announced a $2 billion agreement with a Lilly subsidiary to discover small molecule drugs that stimulate tumor-specific immune responses in cancer patients. Lilly will make a $70 million payment consisting of cash and equity.
In this article: LLY, 002262.SZ, MCRPF, ZLAB, IMAB, 1801.HK, ETTX
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