Pharma BD Deal Intelligence

Pfizer Inc. / CStone Pharmaceuticals

2020 · Licensing/Option · $780M · Complete

WRONG BY 41 POINTS
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The coverage arc

Sep 30, 2020 BioSpace Bullish

CStone Pharmaceuticals and Pfizer announced a strategic collaboration that includes Pfizer obtaining Greater China commercialization rights for sugemalimab and…

Sep 30, 2020 Reuters Bullish

Pfizer has agreed to take Greater China licensing and commercialization rights to CStone Pharmaceuticals' PD-L1 cancer drug sugemalimab, the companies said on…

Dec 23, 2021 Endpoints News Bullish

CStone Pharmaceuticals' sugemalimab won its first NMPA approval, in unresectable Stage III NSCLC after chemoradiation, the same setting where AstraZeneca's…

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Pfizer licensed China commercialization rights to CStone's sugemalimab (PD-L1 antibody), paying $200M upfront including an $80M equity investment.

Key facts

Related deals — scored

DealYearValueOutcome
Pfizer Inc. / CStone Pharmaceuticals (this deal)2020$780M51
Pfizer Inc. / BioNTech SE2020$748M100
Pfizer Inc. / FoldRx Pharmaceuticals201099
Pfizer Inc. / Medivation Inc.2016$14.0B86
Pfizer Inc. / Wyeth2009$68.0B86
Pfizer Inc. / Warner-Lambert Company2000$90.0B83
Pfizer Inc. / Arvinas, Inc.2021$2.4B77

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