Xin Lang Cai Jing·2026-02-08 23:16Core Viewpoint - Cinda Biologics has entered into a strategic collaboration with Eli Lilly to advance the global development of innovative drugs in the oncology and immunology fields [1] Group 1: Collaboration Details - Cinda Biologics will lead the projects from drug discovery to clinical concept validation in China, specifically through the completion of Phase II clinical trials [1] - Eli Lilly will obtain exclusive development and commercialization rights for the related projects outside of Greater China, while Cinda Biologics retains all rights within Greater China [1] Group 2: Financial Terms - Cinda Biologics will receive an upfront payment of $350 million [1] - Upon achieving specific subsequent milestones, Cinda Biologics is eligible for up to approximately $8.5 billion in milestone payments related to research, regulatory, and commercialization [1] - Cinda Biologics will also have the right to receive a tiered sales share based on net sales outside of Greater China for each product [1]