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September 01, 2020 1:28pm
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Week In Review: Hengrui And Degron Announce $7.2 Billion In Drug Licensings

Jiangsu Hengrui Medicine out-licensed global rights for its portfolio of three proprietary GLP-1 candidates to a US startup, Hercules, in a deal worth up to $6 billion. Hengrui will receive $110 million upfront and up to $200 million in milestones.
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