BeiGene to receive up to $1 billion in oncology deal with Novartis

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BeiGene to receive up to $1 billion in oncology deal with Novartis
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BeiGene Ltd. undefined said Monday it had entered an agreement with Swiss drug company Novartis Pharma AG undefined to develop its investigational TIGIT...

BeiGene Ltd.

said Monday it had entered an agreement with Swiss drug company Novartis Pharma AG NVS, -0.20% to develop its investigational TIGIT inhibitor ociperlimab in North America, Europe, and Japan and to market five Novartis oncology treatments in China."Ociperlimab is an investigational potent TIGIT inhibitor with intact Fc function, believed to be critical for the anti-tumor activities of TIGIT antibodies," the companies said in a joint statement.

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