Pharma BD Deal Intelligence

Nuvectis Pharma, Inc. / Haisco Pharmaceutical Group Co., Ltd.

2026 · Licensing/Option · $1.5B · Complete

A $40M upfront, $1.421B-milestone licensing deal giving Nuvectis ex-China rights to Haisco's NXP100 (Complement Factor B inhibitor, two MAAs under China review for paroxysmal nocturnal hemoglobinuria) and NXP200 (paradox-breaker BRAF inhibitor in Phase 1b for BRAF-mutated solid tumors)—a bet on China-originated assets reaching Western markets via royalty-bearing option structure.

CALLED IT — OFF BY 11

Two-asset China-origin in-license broadening Nuvectis into complement and BRAF oncology

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Nuvectis Pharma in-licensed exclusive worldwide ex-China rights to two clinical-stage compounds from Haisco Pharmaceutical Group: NXP100, a once-daily oral Complement Factor B inhibitor with two MAAs under review in China for paroxysmal nocturnal hemoglobinuria (PNH), and NXP200, an oral paradox-breaker BRAF inhibitor in Phase 1b in China for BRAF-mutated solid tumors. Haisco receives up to $40M in upfront/near-term payments, up to $1.421B in milestones, plus tiered royalties.

Key facts

Disease & market context

Complement-Mediated Disease & BRAF-Mutant Tumors

Disease Overview

In June 2026 Nuvectis Pharma in-licensed exclusive ex-China rights to two clinical-stage compounds from Haisco Pharmaceutical Group for $20M upfront plus milestones and royalties (total deal value up to ~$1.46B). NXP100 (HSK39297) is a once-daily oral Complement Factor B inhibitor in late-stage development for paroxysmal nocturnal hemoglobinuria (PNH) and IgA nephropathy (IgAN); NXP200 is a 'paradox-breaker' BRAF inhibitor in Phase 1b showing durable responses across BRAF-mutant tumors. Haisco retains India and certain Southeast Asia rights for NXP100; composition-of-matter patents run to 2043 (NXP100) and 2042 (NXP200).

Deal timeline

Related deals — scored

DealYearValueOutcome
Nuvectis Pharma, Inc. / Haisco Pharmaceutical Group Co., Ltd. (this deal)2026$1.5B59
Amgen Inc. / Micromet Inc.2012$1.2B88
Servier / Shire plc (Oncology Business)2018$2.4B88
AstraZeneca PLC / Alexion Pharmaceuticals Inc.2020$39.0B86
Swedish Orphan Biovitrum AB / Biovitrum2001$493M84
Otsuka Pharmaceutical Co. Ltd. / Astex Pharmaceuticals2013$886M79
AbbVie Inc. / Pharmacyclics Inc.2015$21.0B79

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