Glenmark Specialty S.A., a subsidiary of India-based Glenmark Pharmaceuticals, has entered into a licensing agreement with China’s Jiangsu Hansoh Pharmaceutical Group Co. for the oncology drug Aumolertinib. The agreement grants Glenmark exclusive rights to develop and commercialize Aumolertinib in several high-potential markets, including the Middle East, Africa, Southeast and South Asia, Australia, New Zealand, Russia, and the Caribbean. In return, Hansoh Pharma will receive an upfront payment of tens of millions of dollars, followed by potential milestone payments of over $1 billion, as well as tiered royalties on net sales.
Aumolertinib is a third-generation Epidermal Growth Factor Receptor Tyrosine Kinase Inhibitor (EGFR-TKI) used to treat non-small cell lung cancer (NSCLC). The drug has already received marketing authorization in the UK and China, and has been approved for four indications in China. It is also marketed in the UK and Europe under the brand names Ameile and Aumseqa. The partnership strengthens Glenmark’s oncology strategy across these regions, providing access to a promising new treatment for patients with NSCLC.
The agreement marks a significant milestone for Hansoh Pharma, as Aumolertinib is the company’s first innovative drug to be approved in an overseas market. It is also the first China-developed EGFR-TKI to be launched internationally. The deal demonstrates the growing importance of partnerships between pharmaceutical companies to bring new treatments to market and expand their global reach. With the potential for milestone payments of over $1 billion, the agreement also highlights the significant value of innovative oncology treatments and the growing demand for effective therapies in this field. Overall, the partnership between Glenmark and Hansoh Pharma has the potential to bring a new and effective treatment option to patients with NSCLC in several regions, and marks an important step forward in the development of innovative oncology therapies.