Lepu Biopharma Co. Ltd. announced updates regarding its licensing transaction, confirming that all conditions precedent under the Intellectual Property Assignment and License Agreement have been fulfilled. The company has received the first tranche of the upfront payment from Excalipoint, and future royalty payments will be settled on a licensed product-by-licensed product basis following the first commercial sale of CTM012 or CTM013 pipeline products.
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. Lepu Biopharma Co. 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-20251218-11960479), on December 18, 2025, and is solely responsible for the information contained therein.
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