HBM Holdings and Bristol Myers Squibb Sign Global Strategic Collaboration Agreement

Reuters12-17 08:00

HBM Holdings and Bristol Myers Squibb Sign Global Strategic Collaboration Agreement

HBM Holdings Limited (Harbour BioMed) has entered into a multi-year global strategic collaboration and license agreement with Bristol Myers Squibb. The partnership aims to discover and develop next-generation multi-specific antibodies. Under the terms of the agreement, Harbour BioMed could receive up to US$90 million in initial payments, as well as development and commercial milestone payments of up to US$1.035 billion, along with tiered royalties, should Bristol Myers Squibb advance all potential programs.

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. HBM Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251217-11957923), on December 17, 2025, and is solely responsible for the information contained therein.

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