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AstraZeneca, Junshi Bio In Commercialization Pact For Toripalimab In China

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AstraZeneca Plc (NASDAQ: AZN) has announced a deal with Shanghai Junshi Biosciences Co Ltd to market Junshi’s cancer drug.

  • Under the agreement, AstraZeneca will be granted the right to market Junshi’s anti-PD-1 cancer drug toripalimab for urothelial carcinoma across China and other cancer types in some areas.
  • Both the companies will also discuss commercial cooperation in emerging markets.
  • Toripalimab belongs to PD-1 or PD-L1 that utilizes a patient’s immune system to fight cancer. 
  • Price Action: AZN shares are up 0.8% at $48.78 in premarket trading on the last check Monday.
 

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Posted-In: Urothelial CancerBiotech News Health Care FDA General

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