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China’s Hengrui In-Licenses AMD Antibody Program From X-Body Biosciences

This article was originally published in The Pink Sheet Daily

Executive Summary

Hengrui becomes the first Chinese manufacturer to in-license an early stage MAb from a Western biopharma as it looks to develop an age-related macular degeneration therapy that could compete with Novartis/Roche’s Lucentis and Bayer/Regeneron’s Eylea.

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