Herbert Smith Freehills Kewei Advised Fosun Pharma On International Licence Agreements With Pfizer And Sitala
International leading law firm Herbert Smith Freehills Kramer and its China joint operation partner Kewei have advised
Herbert Smith Freehills Kewei Advised Fosun Pharma On International Licence Agreements With Pfizer And Sitala
International leading law firm Herbert Smith Freehills Kramer and its China joint operation partner Kewei have advised China’s pharmaceutical leader Fosun Pharma on international licence agreements with Pfizer Inc. and the UK's Sitala.
Under these agreements, Fosun Pharma will collaborate with the global partners to develop, manufacture and commercialise its innovative medicines worldwide.
In December, Fosun subsidiaries Chongqing Yao Pharmaceutical Company, Limited, and Shanghai Fosun Pharmaceutical Industrial Development Company Limited entered into an exclusive licence agreement with Pfizer Inc.
In September, Fosun Pharma Industrial signed a licensing agreement with Sitala, a UK-based biotech company developing therapies for inflammation and autoimmune diseases.
"These transactions reflect the growing trend of Chinese pharma companies to license their candidate pharmaceuticals to global partners," said Gavin.
"We are delighted to have helped our client capitalise on its innovative research through the strengths of global partners in regulation, marketing and development."
The team advised on commercial structuring, regulatory landscapes, long‑term agreement structuring and exit mechanisms to manage risks.
"Life sciences licensing deals are complex and multi‑jurisdictional," said Melanie.
"The work requires deep sector knowledge and the ability to bridge differences across jurisdictions, whether in regulation, commercial practice or culture."
The Herbert Smith Freehills Kramer team led by Gavin Guo (Partner), Melanie Bouton (Executive Counsel) in Sydney led a cross-office team advised the client, supported by Singapore Pauline Tang (Associate).
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