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[Reporter's view] Strategies for Trial & error/the evolution

By An, Kyung-Jin | translator Choi HeeYoung

20.08.24 06:11:55

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In August, there was a lot of good news in the pharmaceutical and bio industry. Hanmi and Yuhan, leading domestic pharmaceutical companies, announced the news of the signing of a global technology transfer contract for the new drug pipeline, revealing the potential of R&D. The license agreements of domestic companies are developing.

Earlier this month, Hanmi transferred the global copyright of a new bio-drug to treat non-alcoholic steatohepatitis (NASH) to MSD in the US. The scale of technology transfer is about ₩1 trillion. The down payment without obligation to return is ₩10 million, and royalties based on sales after commercialization are separately received.

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An, Kyung-Jin(kjan@dailypharm.com)
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