U.S. drugmaker Pfizer, said it would license an experimental cancer treatment from China’s 3SBio Inc, paying $1.25 billion upfront and up to another $4.8 billion if developmental milestones are met.
Pfizer also plans to make a $100 million equity investment in 3SBio after the transaction closes, which is expected to happen in the third quarter.
You must log in or register to comment.
Fuck for-profit companies dealing in Healthcare.
