Innovent Biologics and Takeda Launch $11.4 Billion Global Oncology Partnership

Reuters12-05 07:39

Innovent Biologics and Takeda Launch $11.4 Billion Global Oncology Partnership

Innovent Biologics Inc. has finalized a global strategic partnership with Takeda to accelerate the development and commercialization of next-generation immuno-oncology (IO) and antibody-drug conjugate $(ADC)$ therapies. The collaboration includes joint global development and U.S. co-commercialization of IBI363 (PD-1/IL-2α-bias), global rights outside Greater China for IBI343 (CLDN18.2 ADC), and an exclusive option for Takeda to license global rights to IBI3001 (EGFR/B7H3 ADC) outside Greater China. Takeda will pay Innovent $1.2 billion upfront, including a $100 million equity investment, with total deal value reaching up to $11.4 billion through additional development, sales milestones, and potential royalties.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Innovent Biologics Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN39407) on December 04, 2025, and is solely responsible for the information contained therein.

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