Gilead Sciences has entered into a global licensing deal with China’s Genhouse Bio for its synthetic lethal cancer candidate GH31, worth up to $1.5 billion. Gilead will pay an $80 million upfront fee for exclusive worldwide rights, with Genhouse Bio eligible for significant development, regulatory, and commercial milestones, plus tiered royalties. GH31 is a biomarker-driven MAT2A inhibitor that has secured IND clearance in the US and China, enabling immediate clinical development, and Gilead will manage all global responsibilities.
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Gilead strikes $1.5 billion cancer pact with Genhouse Bio
Gilead Sciences has entered into a global licensing deal with China’s Genhouse Bio for its synthetic lethal cancer candidate GH31, worth up to $1.5 billion. Gilead will pay an $80 million upfront fee for exclusive worldwide rights, with Genhouse Bio eligible for significant development, regulatory, and commercial milestones, plus tiered royalties. GH31 is a biomarker-driven MAT2A inhibitor that has secured IND clearance in the US and China, enabling immediate clinical development, and Gilead will manage all global responsibilities.