Week In Review: Korea's Hanmi Signs $4.2 Billion Deal With Sanofi
November 07, 2015 at 13:31 PM EST
Hanmi Pharma of Korea out-licensed global rights for three long-acting diabetes drugs to Sanofi in a deal worth $4.2 billion. Hanmi will receive $435 million upfront and up to $3.8 billion in milestones plus royalties on sales.