{"id":27187,"date":"2022-08-02T18:29:00","date_gmt":"2022-08-02T10:29:00","guid":{"rendered":"https:\/\/flcube.com\/?p=27187"},"modified":"2025-02-17T18:34:28","modified_gmt":"2025-02-17T10:34:28","slug":"hainan-shuangcheng-to-transfer-triptorelin-assets-to-chongqing-lummy-for-usd-4-7m","status":"publish","type":"post","link":"https:\/\/flcube.com\/?p=27187","title":{"rendered":"Hainan Shuangcheng to Transfer Triptorelin Assets to Chongqing Lummy for USD 4.7M"},"content":{"rendered":"\n<p>Hainan Shuangcheng Pharmaceutical Co., Ltd (<a href=\"https:\/\/www.google.com\/finance\/quote\/002693:SHE\">SHA: 002693<\/a>) will transfer all tangible and intangible assets and rights related to its triptorelin product in designated territories to Chongqing Lummy Pharmaceutical Co., Ltd (<a href=\"https:\/\/www.google.com\/finance\/quote\/300006:SHE\">SHE: 300006<\/a>) for RMB 32 million (USD 4.7 million). The deal includes intellectual property, production technology, and marketing approvals for the drug.<\/p>\n\n\n\n<p><strong>Drug Background<\/strong><br>Triptorelin, introduced to China by Ipsen in 2001, is a gonadotropin-releasing hormone agonist used in infertility treatments such as in vitro fertilization (IVF) and gamete intrafallopian transfer (GIFT). Shuangcheng Pharma filed for market approval of its generic version in January 2021.<\/p>\n\n\n\n<p><strong>Transaction Details<\/strong><br>The asset transfer covers triptorelin&#8217;s production, sales, and regulatory rights in specified regions. Chongqing Lummy will assume responsibility for the drug&#8217;s commercialization and further development under the agreement.<a href=\"https:\/\/flcube.com\/\">-Fineline Info &amp; Tech<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hainan Shuangcheng Pharmaceutical Co., Ltd (SHA: 002693) will transfer all tangible and intangible assets and&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAownpewDA:productID":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[7,10],"tags":[30,87,1965,3538,3320],"class_list":["post-27187","post","type-post","status-publish","format-standard","hentry","category-company","category-deals","tag-biotech","tag-chronic-disease","tag-lummy-pharmaceutical","tag-sha-002693","tag-shuangcheng-pharmaceutical"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.6 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Hainan Shuangcheng to Transfer Triptorelin Assets to Chongqing Lummy for USD 4.7M - Insight, China&#039;s Pharmaceutical Industry<\/title>\n<meta name=\"description\" content=\"Hainan Shuangcheng Pharmaceutical Co., Ltd (SHA: 002693) will transfer all tangible and intangible assets and rights related to its triptorelin product in designated territories to Chongqing Lummy Pharmaceutical Co., Ltd (SHE: 300006) for RMB 32 million (USD 4.7 million). 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