Salem Radio Network News Monday, December 4, 2023


BeiGene agrees to acquire Ensem Therapeutics’ cancer therapy

(Reuters) – BeiGene said on Tuesday it has entered into an agreement with biotech company Ensem Therapeutics to acquire a global license for a cancer therapy that is ready to enter early-stage trial.

Under the terms of the deal, Ensem will receive an upfront payment and will be eligible for additional payments totaling up to $1.33 billion on the achievement of certain milestones, in addition to tiered royalties.

(Reporting by Sriparna Roy in Bengaluru; Editing by Pooja Desai)


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Steve Breen
Wed, Nov 29, 2023