BRIEF-CSPC Pharmaceutical Group's Shanghai Runshi Enters Agreements With Shanghai Institute Of Materia Medica

Reuters

26 February 2019 at 5:13 am

Feb 26 (Reuters) - CSPC Pharmaceutical Group Ltd:

* SHANGHAI RUNSHI PHARMA TECHNOLOGY CO ENTERED INTO FOUR AGREEMENTS WITH SHANGHAI INSTITUTE OF MATERIA MEDICA

* SHANGHAI RUNSHI AGREED TO PAY TO SIMM UPFRONT PAYMENTS OF RMB34 MILLION AND DEVELOPMENT MILESTONE PAYMENTS OF UP TO RMB411.7 MILLION

* AGREEMENTS FOR LICENSING OF CO- DEVELOPMENT & COMMERCIALIZATION OF 4 SMALL-MOLECULE COMPOUNDS DEVELOPED BY SIMM Source text for Eikon: Further company coverage:

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