Pharma BD Deal Intelligence

Sanofi SA / Chia Tai Tianqing Pharmaceutical Group (subsidiary of Sino Biopharmaceutical Limited)

2026 · Licensing/Option · $1.5B · Pending

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Mar 04, 2026 BioSpace Bullish

Sanofi is fronting $135 million, according to a Tuesday securities filing to the Hong Kong stock exchange. In return, the pharma will have the exclusive right…

Mar 31, 2026 Endpoints News Bullish

Sanofi is deepening its cGVHD franchise, already anchored by the $425-million-a-year Rezurock (belumosudil), with an ex-China license for Chia Tai Tianqing's…

Apr 01, 2026 Fierce Pharma Neutral

The Sanofi-Chia Tai Tianqing licensing deal marks another ex-China outbound from a Chinese biopharma following the trend set by Summit Therapeutics'…

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Sanofi obtained worldwide (global) exclusive rights to develop, manufacture and commercialize Chia Tai Tianqing Pharmaceutical Group's (CTTQ, a subsidiary of Sino Biopharmaceutical Limited) rovadicitinib (Anxu) -- a first-in-class oral JAK/ROCK dual inhibitor -- for $135M upfront plus up to $1.395B in development, regulatory and sales milestones and up to double-digit tiered royalties on net sales. Rovadicitinib won its first approval in China (NMPA, February 2026) for first-line intermediate-2/high-risk myelofibrosis (PMF, post-PV-MF, post-ET-MF). Chronic graft-versus-host disease (cGVHD) is the lead expansion indication: a Phase III cGVHD trial is ongoing in China and the asset has been cleared for Phase 2 development in the US for cGVHD. The agreement, signed March 4, 2026, remains subject to customary closing conditions, including regulatory clearances.

Key facts

Related deals — scored

DealYearValueOutcome
Sanofi SA / Chia Tai Tianqing Pharmaceutical Group (subsidiary of Sino Biopharmaceutical Limited) (this deal)2026$1.5B
Sanofi SA / Regeneron Pharmaceuticals, Inc.2007$1.0B97
Sanofi SA / Synthelabo S.A.1998$11.0B84
Sanofi SA / Genzyme Corporation2011$20.1B84
Sanofi SA / Amunix Pharmaceuticals Inc.2021$1.2B76
Sanofi SA / Genzyme Corporation2010$18.5B75
Sanofi SA / Translate Bio Inc.2018$805M73

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