finance.yahoo.com Deals and strategy
Sandoz targets industry patent void with $322m Henlius deal
Sandoz has entered a collaboration agreement with Shanghai Henlius Biotech that will see the two companies work together on a slew of new biosimilars. The deal is milestones-based for a total consideration of up to $322m, with near-term payments associated with the initial assets that could reach up to $100.5m. Under the agreement, the two companies will collaborate …