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I-Mab Announces $315 Million Commercialization Deal for Growth Hormone

publication date: Nov 10, 2021

Shanghai I-Mab formed a $315 million collaboration with Hubei Jumpcan Pharma to commercialize its human growth hormone in China. Jumpcan, which will pay $35 million upfront, specializes in pediatric drugs. Earlier this year, I-Mab started a pivotal China Phase III trial of eftansomatropin alfa as a weekly treatment for pediatric growth hormone deficiency (PGHD). The two companies will split commercialization revenues 50/50, with I-Mab also receiving royalties on sales. Most China recombinant human growth hormone therapies require daily injections, which lowers patient compliance. More details...

Stock Symbols: (NSDQ: IMAB) (SHA: 600566)

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