Zai Lab And Hanmi Pharma Execute A License Agreement To Develop Novel EGFR Targeted Therapy For Lung Cancer In China

SHANGHAI & SEOUL, South Korea--(BUSINESS WIRE)--ZAI Lab Limited and Hanmi Pharmaceutical Co., Ltd. (Hanmi)(KRX: 128940) announced today that they have executed a collaboration and license agreement under which ZAI Lab will acquire exclusive rights in China (including Hong Kong and Macau) to develop, manufacture and commercialize HM61713, a novel, third-generation EGFR targeted therapy for the treatment of EGFR mutation positive lung cancer.

HM61713 is a novel, third-generation, irreversible EGFR mutant-selective tyrosine kinase inhibitor (TKI) developed to specifically target tumors with T790M mutations. At the ASCO Annual Meeting 2015, interim results of the Phase I/II clinical trial were presented and showed strong efficacy signals, combined with a favorable safety profile.

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