{"id":27333,"date":"2025-02-19T16:14:22","date_gmt":"2025-02-19T08:14:22","guid":{"rendered":"https:\/\/flcube.com\/?p=27333"},"modified":"2025-02-19T16:14:24","modified_gmt":"2025-02-19T08:14:24","slug":"cspc-pharma-licenses-sys-6005-to-radiance-biopharma-for-global-markets","status":"publish","type":"post","link":"https:\/\/flcube.com\/?p=27333","title":{"rendered":"CSPC Pharma Licenses SYS 6005 to Radiance Biopharma for Global Markets"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">China-based CSPC Pharmaceutical Group Ltd (<a href=\"https:\/\/www.google.com\/finance\/quote\/1093:HKG\">HKG: 1093<\/a>) announced a licensing agreement with Radiance Biopharma, Inc., granting the US firm exclusive development and commercialization rights to its SYS 6005 in multiple countries, including the United States, European Union, United Kingdom, Switzerland, Australia, and Canada.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Deal Terms<\/strong><br>Under the agreement, CSPC Pharma will receive an upfront payment of USD 15 million. The company is also eligible for up to USD 150 million in development milestone payments and up to USD 1.075 billion in sales milestone payments, along with tiered sales commissions based on annual net sales in the territories.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Drug Profile<\/strong><br>SYS 6005 is a human monoclonal antibody targeting receptor tyrosine kinase-like orphan receptor 1 (ROR1). The drug utilizes CSPC&#8217;s proprietary enzyme-catalyzed targeted antibody conjugate technology to deliver the effective mitotic inhibitor MMAE to cancer cells expressing ROR1. The stability of its linker helps deliver high concentrations of MMAE to the tumor, reducing adverse systemic exposure and minimizing side effects.<a href=\"https:\/\/flcube.com\/\">-Fineline Info &amp; Tech<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>China-based CSPC Pharmaceutical Group Ltd (HKG: 1093) announced a licensing agreement with Radiance Biopharma, Inc.,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":27335,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAownpewDA:productID":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_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},"jetpack_post_was_ever_published":false},"categories":[7,10],"tags":[16,171,855,3712],"class_list":["post-27333","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company","category-deals","tag-cancer","tag-cspc-pharmaceutical","tag-hkg-1093","tag-radiance-biopharma"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.5 (Yoast SEO v27.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>CSPC Pharma Licenses SYS 6005 to Radiance Biopharma for Global Markets - Insight, China&#039;s Pharmaceutical Industry<\/title>\n<meta name=\"description\" content=\"China-based CSPC Pharmaceutical Group Ltd (HKG: 1093) announced a licensing agreement with Radiance Biopharma, Inc., granting the US firm exclusive development and commercialization rights to its SYS 6005 in multiple countries, including the United States, European Union, United Kingdom, Switzerland, Australia, and Canada.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/flcube.com\/?p=27333\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CSPC Pharma Licenses SYS 6005 to Radiance Biopharma for Global Markets\" \/>\n<meta property=\"og:description\" content=\"China-based CSPC Pharmaceutical Group Ltd (HKG: 1093) announced a licensing agreement with Radiance Biopharma, Inc., granting the US firm exclusive development and commercialization rights to its SYS 6005 in multiple countries, including the United States, European Union, United Kingdom, Switzerland, Australia, and Canada.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/flcube.com\/?p=27333\" \/>\n<meta property=\"og:site_name\" content=\"Insight, China&#039;s Pharmaceutical Industry\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61566606313834\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-19T08:14:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-19T08:14:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/flcube.com\/wp-content\/uploads\/2025\/02\/1816-png.avif\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"608\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Fineline Cube\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:description\" content=\"Navigate the complexities of China\u2019s pharmaceutical industry with precision and clarity. 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