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ScienceGSK licenses Chinese firm’s cancer drug in deal worth up to $750 million

British pharmaceutical giant GSK has agreed to acquire full global rights to a cancer drug from Chengdu-based Chimagen Biosciences for up to $750 million. The T-cell engager is being developed for multiple myeloma, highlighting China’s growing role in global biotechnology.

GSKChimagen Biosciencescancer drugbiotechnology

SSouth China Morning Post★★☆☆☆2026-09-16 02:00Original

GSK licenses Chinese firm’s cancer drug in deal worth up to $750 million
GSK licenses Chinese firm’s cancer drug in deal worth up to $750 millionScience