
Pharmaceutical Research, Production, and Sales

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On the evening of December 28,Hansoh PharmaAnnouncement Release: The Company andHengrui PharmaEntering into a Licensing Agreement. According to the licensing agreement, Hansoh Pharma has obtained the exclusive license from Hengrui Pharma to operate in China.(Excluding Hong Kong, Macao and Taiwan)Development, Production and CommercializationSHR6508, and has the right to further sublicense according to the terms of the license agreement.

Hansoh PharmaWill pay Hengrui Pharma an upfront payment of RMB 30 million, potential regulatory and commercial milestone payments of up to RMB 190 million, and tiered royalties in the single-digit percentage of future potential net product sales.



Hengrui PharmaAndHansoh PharmaThe related party transactions between them are not limited to the general scope of commercial cooperation., and has also built a deep-level collaborative mechanism. This cooperative model between related companies helps significantly reduce transaction costs and accelerate project progress. Based on the existing trust relationship and highly compatible corporate culture, both parties can communicate and collaborate more smoothly, thereby improving overall operational efficiency and achieving sustainable mutual benefit.
References:
Company Announcement

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