finance.yahoo.com

AstraZeneca Pays $600M Upfront for Global Rights to Zegfrovy Lung Cancer Drug

AstraZeneca logoAstraZeneca
Sig3.40Sen+2.20Env0.00Soc+1.80Gov+0.60

AstraZeneca will pay $600M upfront to obtain worldwide rights to Zegfrovy (sunvozertinib) from Dizal Pharmaceutical, with up to $900M more tied to development, regulatory and sales milestones, plus tiered royalties. AstraZeneca will lead global development and commercialization of the EGFR exon 20-mutated NSCLC therapy, adding targeted options for a limited patient group.

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