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Takeda has signed an option agreement with Ascentage Pharma to enter into an exclusive license agreement for olverembatinib.
June 21, 2024
By: Charlie Sternberg
Associate Editor
An agreed equity investment by Takeda into Ascentage Pharma, a global biopharmaceutical company, closed on June 20, 2024, with all proceeds already received. Pursuant to the terms of the Agreement, Ascentage Pharma has allotted and issued an aggregate of 24,307,322 subscription shares to Takeda International at the share purchase price of HK$24.10 (equivalent to approximately $3.06). This investment is part of a larger exclusive license agreement recently signed by the two companies for ...
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