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Pfizer signs up to $6 billion licensing deal with China’s 3SBio for cancer drug

By Thomson Reuters May 19, 2025 | 7:35 PM

(Reuters) -Pfizer has signed a licensing agreement worth up to $6 billion with Chinese pharmaceutical products developer 3SBio Inc for the development, manufacturing and commercialization of a drug undergoing trials for treatment of certain types of cancer and tumours, the U.S. drugmaker said on Monday.

(Reporting by Kanjyik Ghosh; Editing by Alan Barona)