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GSK licenses Chinese firm’s cancer drug in US$750 million deal
South China Morning Post
September 16, 2026
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British pharmaceutical giant GSK has agreed to acquire a cancer drug from Chinese firm Chimagen Biosciences in a deal worth up to US$750 million, underscoring China’s emergence as a global player in biotechnology. GSK announced plans on Tuesday to buy full global rights to a “potential best-in-class
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