BRIEF-Zai Lab, Vertex Sign Strategic Agreement To Develop, Commercialize Povetacicept In Mainland China, Hong Kong SAR, Macau SAR, Taiwan Region And Singapore

Reuters
10 Jan
BRIEF-Zai Lab, Vertex Sign Strategic Agreement To Develop, Commercialize Povetacicept In Mainland China, Hong Kong SAR, Macau SAR, Taiwan Region And Singapore

Jan 10 (Reuters) - Zai Lab Ltd 9688.HK:

  • ZAI LAB AND VERTEX ANNOUNCE STRATEGIC AGREEMENT TO DEVELOP AND COMMERCIALIZE POVETACICEPT IN MAINLAND CHINA, HONG KONG SAR, MACAU SAR, TAIWAN REGION AND SINGAPORE

  • ZAI LAB LTD - VERTEX TO RECEIVE UPFRONT PAYMENT, MILESTONE PAYMENTS, AND ROYALTIES

  • ZAI LAB LTD - TO HANDLE COMMERCIALIZATION ACTIVITIES FOR POVETACICEPT

Source text: nBw9wZyS4a

Further company coverage: 9688.HK

((Reuters.Briefs@thomsonreuters.com;))

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