Dailypharm Live Search Close

Yuhan has secured 260 billion won in technology fee in 3 yrs

By Chon, Seung-Hyun | translator Choi HeeYoung

21.11.17 12:18:07

°¡³ª´Ù¶ó 0
ince 2018, it has secured a total of $217.65 million in technology fees


Yuhan Corporation is creating a case of securing additional technology fees by advancing to the development stage even after exporting new drug technologies. It has secured a total of 260 billion won in new drug technology exports over the past 3 years. It has secured more money with additional technology fees than the down payment secured by exporting new drug technologies.

According to the industry on the 17th, Yuhan Corporation will receive $10 million milestone for entering phase 1 clinical trials of YH25724, NASH treatment transferred to Beringer Ingelheim.

YH25724 is a drug that Yuhan Corporation exported up to $870 million in technology to Beringer Ingelheim in July 2019. Under the te

Chon, Seung-Hyun(1000@dailypharm.com)
If you want to see the full article, please JOIN US (click)