Pharma BD Deal Intelligence

BeOne Medicines Ltd. / Huahui Health Ltd.

2026 · Licensing/Option · $2.0B · Complete

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Apr 30, 2026 BioSpace Bullish

HH160 is a novel trispecific antibody developed by Huahui Health using its proprietary PolyBoost multispecific antibody platform that simultaneously targets…

Apr 30, 2026 Endpoints News Neutral

BeOne Medicines is the latest oncology developer to bet on a Chinese-discovered multispecific antibody, taking a global exclusive option on Huahui Health's…

Apr 30, 2026 Yicai Global Neutral

BeOne Medicines, the Switzerland-redomiciled oncology biopharma formerly known as BeiGene, has agreed to pay Huahui Health up to USD 2.02 billion for an…

Source summaries from our enrichment pipeline; follow links for originals.

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BeOne Medicines entered a global exclusive option, license and collaboration agreement with China-based Huahui Health for trispecific antibody HH160; $20M upfront, $100M option-exercise payment, and up to $1.9B in development/regulatory/commercial milestones, totaling ~$2.02B excluding royalties.

Key facts

Related deals — scored

DealYearValueOutcome
BeOne Medicines Ltd. / Huahui Health Ltd. (this deal)2026$2.0B
AstraZeneca PLC / Daiichi Sankyo Company, Limited2019$6.9B100
Novartis AG / Endocyte, Inc.2018$2.1B96
Astellas Pharma Inc. / Seagen Inc.2009$4.5B95
Bristol-Myers Squibb Company / Medarex Inc.2009$2.4B92
Servier / Agios Pharmaceuticals (oncology)2020$2.0B91
Servier Pharmaceuticals LLC / Agios Pharmaceuticals Inc.2020$2.0B91

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