Evive Sells US Rights for Neutropenia Therapy to Aerotech in $236.5 Million Deal

On November 16, 2022 Shanghai Evive Biotechnology reported that out-licensed US rights for its neutropenia therapy in patients undergoing chemotherapy, particularly breast cancer (Press release, Evive Biotech, NOV 16, 2022, View Source [SID1234624255]). The rights were acquired by Acrotech Biotech of India in a deal worth up to $236.5 million. Evive is a subsidiary of Yifan Pharma. The company developed efbemalenograstim alfa, a recombinant human Granulocyte Colony Stimulating Factor (rhG-CSF) protein, using its DikineTM technology platform.

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