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17 Oct 2011

Janssen & BeiGene Sign for Oncology Compounds

The two companies have inked a deal for the clinical development and commercialization of two clinical-stage oncology compounds.

Beijing-based biotechnology company BeiGene, Ltd. has signed an exclusive in-licensing and co-development agreements with Janssen Pharmaceutica NV for two clinical-stage oncology compounds.

 

BeiGene will in-license intetumumab (CNTO-95) for clinical development and commercialization in Australia, China, Hong Kong, New Zealand, Korea, Singapore and Taiwan.

 

The two companies will co-develop intetumumab in multiple cancer indications. BeiGene will receive a royalty on global sales outside of these regions. Both parties will share intetumumab development costs.

 

Additionally, BeiGene will in-license MTKi-327 and retain global rights for developm

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