Xin Lang Cai Jing·2026-01-12 11:03Core Viewpoint - Haisheng Pharmaceutical has signed an innovative drug cooperation agreement with Wanbangde Pharmaceutical to collaborate on the development of treatments for amyotrophic lateral sclerosis (ALS) [1] Group 1: Agreement Details - The agreement was signed on January 12, 2026, and focuses initially on the WP205 product, which has already received orphan drug designation [1] - Haisheng Pharmaceutical will invest 150 million yuan, which will be paid in phases according to the agreement [1] - Upon successful collaboration, Haisheng Pharmaceutical will receive 15% of the global commercialization revenue from the WP205 product [1] Group 2: Future Collaboration - The partnership will later expand to include the development of small molecule cyclic peptide agonists, involving both raw materials and formulations [1] - The agreement is subject to approval by the shareholders' meeting of Wanbangde Pharmaceutical Holdings Group Co., Ltd. [1]