2024-10-28

1. Summary of the week

From October 19 to 25, a total of 11 licensing and cooperation agreements were signed worldwide. 

In China’s biotech industry, two domestic deals were recorded. Lyvgen Biopharma and InventisBio entered into an asset acquisition agreement for three target antibodies, while Haihe Biopharma and 3SBio signed a licensing agreement for the approved oral paclitaxel.

On the global stage, 9 licensing and cooperation deals were finalized. The top transaction of the week was a licensing agreement between MacroGenics and Tersera for the approved asset margetuximab, with a total deal value of $75 million and an upfront payment of $40 million.

10月19-25日，全球医药市场共签署了11项资产授权和合作协议。

中国市场共达成2项国内交易。益方生物收购礼进生物三个目标抗体，三生制药引进海和药物已上市药物紫杉醇口服溶液。

国际市场上，共签署了9项资产授权和合作协议。最大的一笔交易是MacroGenics与Tersera就前者已上市药物margetuximab达成的授权交易，首付款4000万美元，总价值7500万美元。

2. Licensing Deals

2a. China section

2b. Global section

3. M&A Deals

4. Top Deals of the year 2024

5. 2019-2023 China Innovative Drug Licensing Transactions

ABOUT YAFO CAPITAL

Founded in 2013, YAFO Capital is a Shanghai based boutique investment and advisory firm, with professional team in our China, U.S., EU and SEA offices. Partnering with Pharmaceutical companies, YAFO Fund mainly invests in global assets. YAFO Life Sciences is a leading advisory boutique focused on asset transactions. YAFO has built a strong proven track record and closed dozens of in-licensing and out-licensing transactions with global pharma and biotech companies. Over the past five years, YAFO has been ranked as the No. 1 advisor for China cross border licensing transactions.  For more information, please visit http://www.yafocapital.com

雅法资本成立于2013年，作为新型投资和投行咨询机构，致力于中国及海外生物医药项目的投融资、资产跨境交易和资产孵化等。旗下雅法基金联合药企进行资产投资和并购，雅法全球医疗专注于医药产品跨境及国内授权交易。基于雅法在全球广泛的人脉与资源网络，在过去十年成功推进了大量的海外项目进入中国市场并协助多个中国产品完成海外授权。雅法拥有经验丰富的全球交易团队，覆盖美国、日本 、欧洲等全球主要医药创新区域。核心合伙人均为华尔街资深投行人士或具有跨国药企经历，为客户交易提供强力支持。雅法总部位于上海，在美国、欧洲、东南亚等地均设有分部。雅法在生物医药跨境授权及并购业务交易数量连续多年排名第一。

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