{"id":2248,"date":"2023-05-07T09:01:38","date_gmt":"2023-05-07T09:01:38","guid":{"rendered":"https:\/\/dianhuaminglu.com\/%e5%90%9b%e5%ae%9e%e7%94%9f%e7%89%a9%e5%ae%a3%e5%b8%83%e4%b8%8e%e7%91%9e%e8%bf%aa%e5%8d%9a%e5%a3%ab%e5%ae%9e%e9%aa%8c%e5%ae%a4%ef%bc%88dr-reddys%ef%bc%89%e8%be%be%e6%88%90%e5%90%88%e4%bd%9c\/"},"modified":"2023-05-09T09:07:44","modified_gmt":"2023-05-09T09:07:44","slug":"%e5%90%9b%e5%ae%9e%e7%94%9f%e7%89%a9%e5%ae%a3%e5%b8%83%e4%b8%8e%e7%91%9e%e8%bf%aa%e5%8d%9a%e5%a3%ab%e5%ae%9e%e9%aa%8c%e5%ae%a4%ef%bc%88dr-reddys%ef%bc%89%e8%be%be%e6%88%90%e5%90%88%e4%bd%9c","status":"publish","type":"post","link":"https:\/\/dianhuaminglu.com\/en\/%e5%90%9b%e5%ae%9e%e7%94%9f%e7%89%a9%e5%ae%a3%e5%b8%83%e4%b8%8e%e7%91%9e%e8%bf%aa%e5%8d%9a%e5%a3%ab%e5%ae%9e%e9%aa%8c%e5%ae%a4%ef%bc%88dr-reddys%ef%bc%89%e8%be%be%e6%88%90%e5%90%88%e4%bd%9c\/","title":{"rendered":"Junshi Biosciences Announces Collaboration with Dr. Reddy\u2019s to Develop and Commercialize Toripalimab in 21 Countries"},"content":{"rendered":"\n
SHANGHAI, China, May 7, 2023 (GLOBE NEWSWIRE) — Shanghai Junshi Biosciences Co., Ltd (\u201cJunshi Biosciences\u201d, HKEX: 1877; SSE: 688180) announced a collaboration with Dr. Reddy\u2019s Laboratories Limited (\u201cDr. Reddy\u2019s\u201d) to develop and commercialize toripalimab, the anti-PD-1 monoclonal antibody in Latin America, India , South Africa, and at the election of Dr. Reddy\u2019s, also in Australia, New Zealand and other countries.<\/p>\n\n\n\n
\u201cWe are thrilled to have established a partnership with Dr. Reddy\u2019s while toripalimab\u2019s global commercial network has been steadily expanding, reaching more than 50 countries and advancing our mission of being \u2018In China, For Global.\u2019\u201d said Dr. Ning LI, Chief Executive Officer of Junshi Biosciences. \u201cDr. Reddy\u2019s is a well-respected global pharmaceutical company and extends its business over nearly 70 countries worldwide, achieving impressive commerical presence across the globe. We hope that in the near future, leveraging Dr. Reddy\u2019s partnership and strong presence, our innovative medicines can accelerate access to new geographies and deliver better and more affordable treatment options to even more patients.\u201d<\/p>\n\n\n\n
M.V. Ramana, CEO \u2013 Branded Markets (India & Emerging Markets), Dr. Reddy\u2019s said, \u201cWe are pleased to partner with Junshi Biosciences to take this important product to more patients. Oncology is a focus area for Dr. Reddy\u2019s. This partnership is a further step towards increasing our offerings to patients in oncology as we aim to build a robust and comprehensive portfolio in the segment. We are committed to facilitating access to innovative products as we pursue our goal of serving over 1.5 billion patients by 2030.\u201d<\/p>\n\n\n\n
Under the license and commercialization agreement, Junshi Biosciences will grant a licence to Dr. Reddy\u2019s to develop and exclusively commercialize toripalimab in Brazil, Mexico, Colombia, Argentina, Peru, Chile, Panama, Uruguay, India and South Africa[1]<\/a>. Dr. Reddy\u2019s may elect to expand the scope of the license to cover Australia, New Zealand and nine other countries[2]<\/a>.<\/p>\n\n\n\n Under the terms of the agreement, Junshi Biosciences also grants Dr. Reddy\u2019s the exclusive right of first negotiation for commercialization, in the event that Junshi Biosciences determines to grant any third party the rights to commercialize two other products as agreed in the agreement in one or more countries within the total 21 countries of Dr. Reddy\u2019s Territory[3]<\/a>.<\/p>\n\n\n\n Junshi Biosciences may receive up to an aggregate of US$728.3 million for upfront payment, potential expansion of Dr. Reddy\u2019s Territory and milestone payment, plus double-digit percentage of royalties on the net sales of products containing toripalimab.<\/p>\n\n\n\n <\/p>\n\n\n\n[1]<\/a> Collectively, \u201cDr. Reddy\u2019s Territory 1\u201d<\/h5>\n\n\n\n
[2]<\/a> Collectively, \u201cDr. Reddy\u2019s Territory 2\u201d<\/h5>\n\n\n\n
[3]<\/a> Both \u201cDr. Reddy\u2019s Territory 1\u201d and \u201cDr. Reddy\u2019s Territory 2\u201d are collectively known as \u201cDr. Reddy\u2019s Territory\u201d, totalling 21 countries.<\/h5>\n\n\n\n