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Thursday, 11/19/2020 10:32:03 PM

Thursday, November 19, 2020 10:32:03 PM

Post# of 14684
Credit to another poster elsewhere. Mention in same note as PFE:

Global Roundup: Two Big Deals Highlighting Biopharma Growth in China and More
Published: Nov 19, 2020 By Alex Keown

In addition to the Pfizer and LianBio focus on China, Florida-based Generex Biotechnology closed a $50 million licensing and development agreement with a consortium of partners in China for the Ii-Key vaccine platform technology from Generex subsidiary NuGenerex Immuno-Oncology. The fee provides for the exclusive use of the Ii-Key vaccine platform for infectious disease and cancer in China and its territories. The agreement includes the first Ii-Key platform project for the development and commercialization of the Ii-Key-SARS-CoV-2 coronavirus vaccine in China, with a $5 million upfront licensing fee, 100% funding for manufacturing, development and commercial registration, a $20 million success fee for approval Ii-Key- SARS-CoV-2 vaccine in China, and royalty payments for COVID vaccine sales in China with the potential to reach several billion dollars, the company said.

https://www.biospace.com/article/biospace-glo...up-nov-19/



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