BioCentury
ARTICLE | Company News

Jing, ShanghaiTech in discovery deal

February 9, 2018 4:15 PM UTC

Jing Medicine Technology Ltd. (Shanghai, China) and ShanghaiTech University (Shanghai, China) partnered to discover and develop small molecules to treat cancer. Jing will have worldwide rights to compounds discovered under the deal. ShanghaiTech will receive an undisclosed upfront payment and is eligible for milestones and royalties. The partners say the deal is valued at "over $100 million." The partners did not respond to inquiries...