Roche-Hansoh cancer deal exceeding $14B signals major biotech licensing catalyst.
Context
What happened: Hansoh Pharma announced a collaboration and licensing agreement with Roche to develop antibody-drug conjugates, a class of cancer medicines.
Key numbers: The deal could be worth more than $14B.
Why it matters: The agreement pairs a China-based drugmaker with Roche on a new class of cancer medicines, with potential value above $14B.
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