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Yuhan inks deal with China’s Luoxin Biotech

July 28, 2016 - 10:49 By 정민경
[DISCLOSURE] Yuhan Corp. (000100) announced on July 28 that it has signed a technology transfer deal with China’s Luoxin Biotechonology for YH25448, a new targeted therapy for lung cancer.

The firm will receive an upfront payment of US$6 million and subsequent milestone payments that amount up to US$120 million.