Boehringer Ingelheim acquired exclusive ex-Korea/China/Hong Kong rights to Hanmi's third-generation EGFR TKI HM61713 for $50M upfront and up to $680M in milestones plus tiered double-digit royalties. Boehringer terminated the deal September 30, 2016 following clinical safety signals (interstitial lung disease deaths).
Key facts
AnnouncedJul 28, 2015
ClosedJul 28, 2015
Deal value$730M
Deal typeLicensing/Option
Therapeutic areaT790M-mutant EGFR non-small cell lung cancer (NSCLC)
IndicationsT790M-mutant EGFR non-small cell lung cancer (NSCLC)