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Shanghai Fosun Pharmaceutical Unit Signs Up to 600-Milion-Yuan License Deal for Bispecific Antibody

Shanghai Fosun Pharmaceutical (SHA:600196) subsidiary Yaoyou Pharmaceutical signed an exclusive license agreement with Chongqing Genrix Biopharmaceutical (SHA:688443) for bispecific antibody GR1803.The deal includes up to 600 million yuan in upfront, milestone and technology transfer payments, plus tiered royalties, according to a Friday filing with the Shanghai bourse.Yaoyou Pharmaceutical will act as marketing authorization holder for mainland China, Hong Kong, Macau and Taiwan.GR1803 targets multiple myeloma and lupus.Shares of the pharmaceutical company were up 2% in recent trade.

SHA:600196SHA:688443

International49d ago

Singapore Resident Loans Hit SG$908.4 Billion in April

Lending activity in Singapore expanded in April, with total loans and advances to residents rising to SG$908.4 billion from SG$902.3 billion in March, according to preliminary data released by the Monetary Authority of Singapore on Friday.The expansion was led by corporate demand, with loans to business enterprises growing to SG$551.3 billion, compared to SG$547.6 billion a month prior.Consumer loans rose to SG$357.1 billion in April from SG$354.7 billion a month earlier, with housing and bridging loans comprising SG$249.9 billion.

Financial News · Live Terminal

Shanghai Fosun Pharmaceutical Unit Signs Up to 600-Milion-Yuan License Deal for Bispecific Antibody

Singapore Resident Loans Hit SG$908.4 Billion in April

Market Chatter: Jardine Matheson Mulling Asset Disposal to Realign Strategic Goals

Singapore Real Wages Grow 4% in 2025

Ampol Acquisition Target EG Australia's Profitability Has Held Up Since Deal's Signing, Jefferies Says

Trek 2000 International Secures Investment from Azure Capital; Shares Zoom 15%

TS Financial Logs NT$21 Billion in Q1 Profit

Dexus' Share Price Expected to Come under Material Pressure after New South Wales Court Ruling, Jefferies Says

Flight Centre Travel Group, Virgin Australia Shares Soar Amid Middle East Ceasefire Extension Hopes

Research Alert: Xpeng Returns To Loss In Q1 2026, But Gross Margin Stays Resilient

Market Chatter: Hon Hai Upbeat About Growth, AI-related CAPEX to Hit $1 Trillion in 2027

China in Talks with EU on Steel Trade Duty-Free Quotas, Commerce Ministry Says

Electric Utilities' Earnings May See Potential Upside if Wholesale Electricity Price Volatility Increases in June, Jefferies Says

AusQuest's Ongoing Drilling at Peru Project Expected to Underpin Significant New Copper Discovery, Euroz Hartleys Says

ST Engineering Names Deputy CEO

Research Alert: CFRA Lowers Opinion On Shares Of Everpure, Inc. To Sell From Hold

Magellanic Cloud Gets Letter of Acceptance for INR76 Million Order for CCTV Surveillance Systems

Dexus Must Sell Melbourne Airport Stake After Confidentiality Breach, New South Wales Supreme Court Rules

OKP Bags Commuter Infrastructure Project Worth SG$165 Million

Beng Kuang Marine Issues Consideration Shares for Asian Sealand Acquisition; Shares Up 5%

Shanghai Fosun Pharmaceutical Unit Signs Up to 600-Milion-Yuan License Deal for Bispecific Antibody

Singapore Resident Loans Hit SG$908.4 Billion in April

Market Chatter: Jardine Matheson Mulling Asset Disposal to Realign Strategic Goals

Singapore Real Wages Grow 4% in 2025

Ampol Acquisition Target EG Australia's Profitability Has Held Up Since Deal's Signing, Jefferies Says

Trek 2000 International Secures Investment from Azure Capital; Shares Zoom 15%

TS Financial Logs NT$21 Billion in Q1 Profit

Dexus' Share Price Expected to Come under Material Pressure after New South Wales Court Ruling, Jefferies Says

Flight Centre Travel Group, Virgin Australia Shares Soar Amid Middle East Ceasefire Extension Hopes

Research Alert: Xpeng Returns To Loss In Q1 2026, But Gross Margin Stays Resilient

Market Chatter: Hon Hai Upbeat About Growth, AI-related CAPEX to Hit $1 Trillion in 2027

China in Talks with EU on Steel Trade Duty-Free Quotas, Commerce Ministry Says

Electric Utilities' Earnings May See Potential Upside if Wholesale Electricity Price Volatility Increases in June, Jefferies Says

AusQuest's Ongoing Drilling at Peru Project Expected to Underpin Significant New Copper Discovery, Euroz Hartleys Says

ST Engineering Names Deputy CEO

Research Alert: CFRA Lowers Opinion On Shares Of Everpure, Inc. To Sell From Hold

Magellanic Cloud Gets Letter of Acceptance for INR76 Million Order for CCTV Surveillance Systems

Dexus Must Sell Melbourne Airport Stake After Confidentiality Breach, New South Wales Supreme Court Rules

OKP Bags Commuter Infrastructure Project Worth SG$165 Million

Beng Kuang Marine Issues Consideration Shares for Asian Sealand Acquisition; Shares Up 5%