Core Viewpoint - The company Baiotai (688177) has signed a licensing and commercialization agreement with STADA Arzneimittel AG for the exclusive commercialization rights of its BAT1806 (Tocilizumab) injection in various regions, aiming to enhance its global strategy and core competitiveness [1] Group 1: Agreement Details - The total amount for the transaction, including upfront and milestone payments, can reach up to €136 million, comprising an upfront payment of €8.5 million and milestone payments not exceeding €127.5 million [1] - The agreement also includes a revenue-sharing model based on a double-digit percentage of net sales [1] Group 2: Strategic Implications - The signing of this agreement is intended to rapidly convert the company's research and development achievements into economic benefits through commercial cooperation and licensing [1] - The collaboration with STADA is expected to integrate advantages in advanced research, production quality control, technology enhancement, clinical application, and commercial promotion, creating favorable conditions for the company's global strategy [1]
百奥泰与STADA就BAT1806签署授权许可与商业化协议