Pfizer signs up to $6 billion licensing deal with China's 3SBio for cancer drug

Reuters
20 May
Pfizer signs up to $6 billion licensing deal with China's 3SBio for cancer drug

May 19 (Reuters) - Pfizer PFE.N has signed a licensing agreement worth up to $6 billion with Chinese pharmaceutical products developer 3SBio Inc 1530.HK for the development, manufacturing and commercialization of a drug undergoing trials for treatment of certain types of cancer and tumours, the U.S. drugmaker said on Monday.

(Reporting by Kanjyik Ghosh; Editing by Alan Barona)

((Kanjyik.Ghosh@thomsonreuters.com))

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