ProBio Nanjing Secures $213.8M from LaNova License Agreement

Reuters

Jun 30

ProBio Nanjing Secures $213.8M from LaNova License Agreement

ProBio Nanjing, a subsidiary of GenScript Biotech Corporation, along with Zhenjiang ProBio Biotech Co., Limited, has successfully received payments totaling approximately US$213.8 million under a license agreement with LaNova Medicines Ltd. These payments include an upfront payment, a milestone payment for the first milestone achieved, and sublicense revenue connected to the sublicense of anti-PD-1 single domain antibody. This antibody has been incorporated into LM-299, a PD-1/VEGF bispecific antibody developed by LaNova, which has obtained investigational new drug clearance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GenScript Biotech Corporation published the original content used to generate this news brief on June 30, 2025, and is solely responsible for the information contained therein.

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GenScript Biotech Corporation published the original content used to generate this news brief on June 30, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1141","symbol_name":"生命科学工具和服务","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250629:nNDL7bkz9V:1","article_id":"2547603359","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2547603359","pubTimestamp":1751238965,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"ProBio Nanjing, a subsidiary of GenScript Biotech Corporation, along with Zhenjiang ProBio Biotech Co., Limited, has successfully received payments totaling approximately US$213.8 million under a license agreement with LaNova Medicines Ltd. 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