AstraZeneca Enters $1.5 Billion License Deal for Lung Cancer Drug

AstraZeneca has entered into an exclusive license agreement with Dizal Jiangsu Pharmaceutical to acquire global rights to the lung cancer drug Zegfrovy (sunvozertinib). The deal includes a $600 million upfront payment and is expected to bolster AstraZeneca's oncology portfolio.

By Preeti Singh, SA News Editor · Seeking Alpha ·

AstraZeneca Enters $1.5 Billion License Deal for Lung Cancer Drug

Tickers: $AZN

Topics: licensing agreement oncology pharmaceuticals

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