Vidare ska CASI enligt avtalet investera 7 miljoner USD (61 436 200 SEK) i 29 395 311 nyemitterade BioInvent-aktier till en teckningskurs om 2,09 SEK per aktie, motsvarande 130 procent av aktiens volymvägda genomsnittskurs under de tio handelsdagarna närmast före den 27 oktober, samt 14 697 655 nyemitterade teckningsoptioner (utan separat optionspremie), varvid varje teckningsoption ger
Under the terms of the agreement, BioInvent and CASI will develop BI-1206 in both liquid and solid cancers, with CASI responsible for commercialization in China and associated markets. BioInvent is to receive $12 million upfront in combination of cash and equity investment and eligible to receive up to $83 million in milestone payments, plus tiered royalties.
Målsättning. BioInvents primära mål är att utveckla nästa generations immunonkologiska läkemedel där fokus är att förbättra terapeutiska resultat inom områden med stort icke-tillgodosett behov. BioInvent International and CASI Pharmaceuticals (CASI +3.6%) have entered into an exclusive licensing agreement for the development and commercialization of novel anti-FcγRIIB antibody, BI-1206 Vidare ska CASI enligt avtalet investera 7 miljoner dollar (61 miljoner kronor) drygt 29 miljoner nyemitterade Bioinvent-aktier till en teckningskurs om 2:09 kronor per aktie, motsvarande 130 procent av aktiens volymvägda genomsnittskurs under de tio handelsdagarna närmast före den 27 oktober, samt cirka 15 miljoner nyemitterade teckningsoptioner (utan separat optionspremie), varvid varje Under the terms of the Agreement, as part of the upfront payment, CASI will also make a $7 million investment (SEK 61,436,200) in 29,395,311 new shares in BioInvent at a subscription price of SEK 2.09 per share, which corresponds to 130 % of the average volume weighted price for the share during the ten trading days prior to 27 October, and 14,697,655 new warrants (at no separate option Vidare ska CASI enligt avtalet investera 7 miljoner USD (61 436 200 SEK) i 29 395 311 nyemitterade BioInvent-aktier till en teckningskurs om 2,09 SEK per aktie, motsvarande 130 procent av aktiens volymvägda genomsnittskurs under de tio handelsdagarna närmast före den 27 oktober, samt 14 697 655 nyemitterade teckningsoptioner (utan separat optionspremie), varvid varje teckningsoption ger CASI Pharmaceuticals Partner, BioInvent, Presents Phase I/IIA Data That Suggests BI-1206 Restores Activity Of Rituximab In Relapsed Non-Hodgkin's Lymphoma Patients CASI's pipeline expanded to include first-in-class monoclonal antibody developed to unlock anti-cancer immunity in liquid and solid tumors; Collaboration accelerates and expands BioInvent's global CASI Pharmaceuticals Partner, BioInvent, To Host Key Opinion Leader Call On BI-1206 For Relapsed Or Refractory Non-Hodgkin’s Lymphoma ROCKVILLE, Md. and BEIJING, Jan. 21, 2021 - CASI Pharmaceuticals, Inc. (Nasdaq: CASI), a U.S. biopharmaceutical company focused on developing and commercializing innovative therapeutics and pharmaceutical products, today announces that its partner BioInvent … CASI's pipeline expanded to include first-in-class monoclonal antibody developed to unlock anti-cancer immunity in liquid and solid tumors; Collaboration accelerates and expands BioInvent's global Furthermore, CASI Pharmaceuticals will also make a $7 million investment in 29,395,311 new shares in BioInvent at a subscription price of SEK 2.09 per share, which corresponds to 130 % of the average volume weighted price for the share during the ten trading days prior to 27 October, and 14,697,655 new warrants (at no separate option premium), each warrant with a right to subscribe for an 2020-10-27 BioInvent International and CASI Pharmaceuticals, a U.S. biopharmaceutical company with an established clinical development and commercial infrastructure in China, have entered into an exclusive licensing agreement for the development and commercialization of novel anti-FcγRIIB antibody, BI-1206, in mainland China, Taiwan, Hong Kong and Macau. BioInvent International AB, a biotechnology company focused on first-in-class immune-modulatory antibodies for cancer, and CASI Pharmaceuticals, Inc., a U.S. biopharmaceutical company with an established clinical development and commercial infrastructure in China, have entered into an exclusive licensing agreement for the development and commercialization of novel anti-FcγRIIB antibody, BI BioInvent is eligible for potential future development milestones in excess of USD 100 million if an antibody is developed through to commercialization, as well as up to double digit royalties.
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NOTERA: Dessa sidor är för närvarande under uppbyggnad, och kommer 27, okt, BIOINVENT: LICENSIERAR UT BI-1206 TILL CASI FÖR KINA. Läkemedelsbolaget Bioinvent har genomfört en riktad nyemission på 962 miljoner kronor, före BIOINVENT: LICENSIERAR UT BI-1206 TILL CASI FÖR KINA. Diskussion och forum - följ diskussionerna i BioInvent International AB på med licensiering av BI-1206 till CASI Pharmaceuticals för den kinesiska regionen, ”BioInvent har inlett 2021 med en mycket positiv utveckling. BI-1206 licensierades till CASI Pharmaceuticals för den kinesiska regionen.
· CASI:s pipeline utökas till att omfatta en first-in-class monoklonal antikropp utvecklad för att aktivera anti-cancerimmunitet vid hematologiska och solida tumörer · Samarbetet accelererar och utvidgar BioInvents globala utvecklingsplaner för BI-1206 · BioInvent erhåller inledningsvis 12 miljoner USD, i en kombination av en kontant likvid och en investering i aktier, och kan komma
This is accomplished through collaborations with pharmaceutical companies, academic research groups, networks of clinical specialists and research foundations. Aktieägare: Antal aktier: Procent av kapital och röster: Van Herk Investments B.V. 5 174 492: 13,1: Omega Funds, LP: 4 148 762: 10,5: HBM Healthcare Investments Ltd BioInvent licensierar anti-FcγRllB-antikroppen BI-1206 till CASI Pharmaceuticals för den kinesiska regionen Publicerad: 2020-10-27 (Cision) Måndag 26 oktober Vidare ska CASI enligt avtalet investera 7 miljoner dollar (61 miljoner kronor) drygt 29 miljoner nyemitterade Bioinvent-aktier till en teckningskurs om 2:09 kronor per aktie, motsvarande 130 procent av aktiens volymvägda genomsnittskurs under de tio handelsdagarna närmast före den 27 oktober, samt cirka 15 miljoner nyemitterade teckningsoptioner (utan separat optionspremie), varvid varje Under the terms of the agreement, BioInvent and CASI will develop BI-1206 in both liquid and solid cancers, with CASI responsible for commercialization in China and associated markets.
BioInvent presenterar lovande nya kliniska och prekliniska data om anti-Fc γ 'Vårt nyligen genomförda licensavtal med CASI Pharmaceuticals för BI-1206 i
BioInvent will receive a $5 million upfront payment and is eligible to receive up to $83 million in development and commercial milestone payments plus tiered royalties in the high-single to mid-double-digit BioInvent International STOCKHOLM (Nyhetsbyrån Direkt) Forskningsbolaget Bioinvent licensierar ut BI-1206, en ny anti-FcyRIIB-antikropp, till amerikanska Casi Pharmaceuticals för utveckling och kommersialisering i Fastlandskina, framgår av ett pressmeddelande. CASI's pipeline expanded to include first-in-class monoclonal antibody developed to unlock anti-cancer immunity in liquid and solid tumors; Collaboration accelerates and expands BioInvent's global BioInvent International and CASI Pharmaceuticals (CASI +3.6%) have entered into an exclusive licensing agreement for the development and commercialization of novel anti-FcγRIIB antibody, BI-1206 Forskningsbolaget Bioinvent licensierar ut Kinamarknaden för sin viktiga cancerkandidat BI-1206 till Nasdaqbolaget Casi, i en affär värd upp till mer än halva börsvärdet – plus royalties.”Det här är transformativt för bolaget”, säger vd Martin Welschof till Di om affären. Under the terms of the Agreement, as part of the upfront payment, CASI will also make a $7 million investment (SEK 61,436,200) in 29,395,311 new shares in BioInvent at a subscription price of SEK 2.09 per share, which corresponds to 130 % of the average volume weighted price for the share during the ten trading days prior to 27 October, and 14,697,655 new warrants (at no separate option CASI Pharmaceuticals Partner, BioInvent, To Host Key Opinion Leader Call On BI-1206 For Relapsed Or Refractory Non-Hodgkin’s Lymphoma ROCKVILLE, Md. and BEIJING, Jan. 21, 2021 - CASI Pharmaceuticals, Inc. (Nasdaq: CASI), a U.S. biopharmaceutical company focused on developing and commercializing innovative therapeutics and pharmaceutical products, today announces that its partner BioInvent BioInvent is eligible for potential future development milestones in excess of USD 100 million if an antibody is developed through to commercialization, as well as up to double digit royalties. Co-developing (50/50 split of costs and profits) of oncolytic virus candidates for solid tumors, leveraging BioInvent’s n-CoDeR® and F.I.R.S.T™ platforms. BioInvent kan komma att erhålla framtida milstolpsersättningar på drygt 100 miljoner dollar om en antikropp utvecklas till kommersialisering, såväl som upp till tvåsiffriga royalties. Utvecklingssamarbete (kostnader och intäkter delas lika) kring onkolytiska viruskandidater för behandling av solida tumörer, som utnyttjar BioInvents n-CoDeR®/F.I.R.S.T™ plattformar CASI Pharmaceuticals Partner, BioInvent, Presents Phase I/IIA Data That Suggests BI-1206 Restores Activity Of Rituximab In Relapsed Non-Hodgkin’s Lymphoma Patients January 28, 2021 GMT CASI Pharmaceuticals logo (PRNewsFoto/CASI Pharmaceuticals, Inc.) CASI's pipeline expanded to include first-in-class monoclonal antibody developed to unlock anti-cancer immunity in liquid and solid tumors; Collaboration accelerates and expands BioInvent's global CASI's pipeline expanded to include first-in-class monoclonal antibody developed to unlock anti-cancer immunity in liquid and solid tumors; Collaboration accelerates and expands BioInvent's global Furthermore, CASI Pharmaceuticals will also make a $7 million investment in 29,395,311 new shares in BioInvent at a subscription price of SEK 2.09 per share, which corresponds to 130 % of the average volume weighted price for the share during the ten trading days prior to 27 October, and 14,697,655 new warrants (at no separate option premium), each warrant with a right to subscribe for an CASI Pharmaceuticals Partner, BioInvent, Presents Phase I/IIA Data That Suggests BI-1206 Restores Activity Of Rituximab In Relapsed Non-Hodgkin's Lymphoma Patients Lund, Sverige – 27 oktober 2020 – Styrelsen i BioInvent International AB (”BioInvent” eller ”Bolaget”) har beslutat om: Nyemission av aktier och teckningsoptioner till CASI Pharmaceuticals, Inc. villkorat av bolagsstämmans godkännande och kallar till extra bolagsstämma i Bolaget för godkännande av styrelsens beslut. BioInvent International AB, a biotechnology company focused on first-in-class immune-modulatory antibodies for cancer, and CASI Pharmaceuticals, Inc., a U.S. biopharmaceutical company with an established clinical development and commercial infrastructure in China, have entered into an exclusive licensing agreement for the development and commercialization of novel anti-FcγRIIB antibody, BI Under the terms of the Agreement, as part of the upfront payment, CASI will also make a $7 million investment (SEK 61,436,200) in 29,395,311 new shares in BioInvent at a subscription price of SEK 2.09 per share, which corresponds to 130 % of the average volume weighted price for the share during the ten trading days prior to 27 October, and 14,697,655 new warrants (at no separate option 2021-01-21 · CASI Pharmaceuticals Partner, BioInvent, To Host Key Opinion Leader Call On BI-1206 For Relapsed Or Refractory Non-Hodgkin's Lymphoma PR Newswire ROCKVILLE, Md. and BEIJING, Jan. 21, 2021 Vd:s kommentar BioInvent har tagit ett betydelsefullt steg framåt genom att ingå ett avtal med CASI Pharmaceuticals om exklusiv licens avseende utveckling och kommersialisering av vår nya anti-FcγRIIB-antikropp BI-1206 i Fastlandskina, Taiwan, Hongkong och Macao.
CASI ska även investera 7 miljoner dollar i en riktad nyemission med 30 procent premie jämfört med de senaste tio handelsdagarnas
BioInvent: "This is an important milestone for us" and CASI Pharmaceuticals, today announced they have entered into an exclusive licensing
'Spännande att se goda resultat så pass tidigt' - Bioinvents vd BioInvent $BINV licenses anti-FcγRllB antibody BI-1206 to CASI Pharmaceuticals for Greater
BioInvent licensierar anti-FcγRllB-antikroppen BI-1206 till CASI Avtalet innebär att BioInvent och CASI ska utveckla BI-1206 för behandling
Läkemedelsbolaget Bioinvent uppger att tecknat ett exklusivt licensavtal med amerikanska CASI Pharmaceuticals för utveckling och
BioInvent announces that it will present preclinical and clinical data for The recent deal with CASI in China confirms a strong interest in the
Såg Bioinvent International (BOVNF) av en händelse precis på en av Utöver det så investerar Casi 7 miljoner dollar i Nyemitterade BioInvent aktier. BioInvent är ett företag i klinisk fas som identifierar och utvecklar nya och Vidare ska BioInvents partner CASI Pharmaceuticals berätta om
2020-10-27 08:00:00 BioInvent International BioInvent licensierar anti-FcγRllB-antikroppen BI-1206 till CASI Pharmaceuticals för den kinesiska regionen +12
BioInvents ledningsgrupp svarar på frågor och vår partner CASI Pharmaceuticals (NASDAQ: CASI) berättar om utvecklingsplanen och
BioInvent presenterar lovande nya kliniska och prekliniska data om anti-Fc γ 'Vårt nyligen genomförda licensavtal med CASI Pharmaceuticals för BI-1206 i
BioInvent licensierar anti-FcγRllB-antikroppen BI-1206 till CASI Pharmaceuticals för den kinesiska regionen BioInvent* CASI:s pipeline utökas till att omfatta en
I veckans avsnitt gästas vi av Bioinvents vd Martin Welschof som berättar om hur det kinesiska
USA - 27 oktober 2020 - BioInvent Vidare ska CASI enligt avtalet investera 7 miljoner USD ( 200 SEK) i 29 BioInvent International AB (publ)
2020 - Styrelsen i BioInvent International AB (BioInvent eller Bolaget) har beslutat om: * Nyemission av aktier och teckningsoptioner till CASI Pharmaceuticals,
BioInvent licensierar anti-FcγRllB-antikroppen BI-1206 till CASI Pharmaceuticals för den kinesiska r CisionWire - SE - Nyheter 27.10.2020 08:58:06 Nyhet. Forskningsbolaget Bioinvent har tecknat ett licensavtal för läkemedelskandidaten BI-1206 med kinesiska Casi Pharmaceuticals. Den inledande
Läs mer. BioInvent licensierar anti-FcγRllB-antikroppen BI-1206 till CASI BioInvents ansökan om klinisk prövning av BI-1808, en first-in-class
Topp Nyhet 2: Läkemedelsbolaget BioInvent meddelat att man tecknat ett kinesiskt licensavtal med amerikanska CASI Pharmaceuticals för
of BioInvent in our model by CASI is listed on Nasdaq in the US and has a slightly higher market cap compared to BioInvent, of ~USD 220m. a game presenter at one of the world's leading companies in Live Casi At BioInvent, we are world experts on antibodies and tumor immunology, and
Chaque Bioinvent International Collection.
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Under the terms of the Agreement, as part of the upfront payment, CASI will also make a $7 million investment (SEK 61,436,200) in 29,395,311 new shares in BioInvent at a subscription price of SEK 2.09 per share, which corresponds to 130 % of the average volume weighted price for the share during the ten trading days prior to 27 October, and 14,697,655 new warrants (at no separate option CASI Pharmaceuticals Partner, BioInvent, To Host Key Opinion Leader Call On BI-1206 For Relapsed Or Refractory Non-Hodgkin’s Lymphoma ROCKVILLE, Md. and BEIJING, Jan. 21, 2021 - CASI Pharmaceuticals, Inc. (Nasdaq: CASI), a U.S. biopharmaceutical company focused on developing and commercializing innovative therapeutics and pharmaceutical products, today announces that its partner BioInvent BioInvent is eligible for potential future development milestones in excess of USD 100 million if an antibody is developed through to commercialization, as well as up to double digit royalties. Co-developing (50/50 split of costs and profits) of oncolytic virus candidates for solid tumors, leveraging BioInvent’s n-CoDeR® and F.I.R.S.T™ platforms. BioInvent kan komma att erhålla framtida milstolpsersättningar på drygt 100 miljoner dollar om en antikropp utvecklas till kommersialisering, såväl som upp till tvåsiffriga royalties. Utvecklingssamarbete (kostnader och intäkter delas lika) kring onkolytiska viruskandidater för behandling av solida tumörer, som utnyttjar BioInvents n-CoDeR®/F.I.R.S.T™ plattformar CASI Pharmaceuticals Partner, BioInvent, Presents Phase I/IIA Data That Suggests BI-1206 Restores Activity Of Rituximab In Relapsed Non-Hodgkin’s Lymphoma Patients January 28, 2021 GMT CASI Pharmaceuticals logo (PRNewsFoto/CASI Pharmaceuticals, Inc.) CASI's pipeline expanded to include first-in-class monoclonal antibody developed to unlock anti-cancer immunity in liquid and solid tumors; Collaboration accelerates and expands BioInvent's global CASI's pipeline expanded to include first-in-class monoclonal antibody developed to unlock anti-cancer immunity in liquid and solid tumors; Collaboration accelerates and expands BioInvent's global Furthermore, CASI Pharmaceuticals will also make a $7 million investment in 29,395,311 new shares in BioInvent at a subscription price of SEK 2.09 per share, which corresponds to 130 % of the average volume weighted price for the share during the ten trading days prior to 27 October, and 14,697,655 new warrants (at no separate option premium), each warrant with a right to subscribe for an CASI Pharmaceuticals Partner, BioInvent, Presents Phase I/IIA Data That Suggests BI-1206 Restores Activity Of Rituximab In Relapsed Non-Hodgkin's Lymphoma Patients Lund, Sverige – 27 oktober 2020 – Styrelsen i BioInvent International AB (”BioInvent” eller ”Bolaget”) har beslutat om: Nyemission av aktier och teckningsoptioner till CASI Pharmaceuticals, Inc. villkorat av bolagsstämmans godkännande och kallar till extra bolagsstämma i Bolaget för godkännande av styrelsens beslut. BioInvent International AB, a biotechnology company focused on first-in-class immune-modulatory antibodies for cancer, and CASI Pharmaceuticals, Inc., a U.S. biopharmaceutical company with an established clinical development and commercial infrastructure in China, have entered into an exclusive licensing agreement for the development and commercialization of novel anti-FcγRIIB antibody, BI Under the terms of the Agreement, as part of the upfront payment, CASI will also make a $7 million investment (SEK 61,436,200) in 29,395,311 new shares in BioInvent at a subscription price of SEK 2.09 per share, which corresponds to 130 % of the average volume weighted price for the share during the ten trading days prior to 27 October, and 14,697,655 new warrants (at no separate option 2021-01-21 · CASI Pharmaceuticals Partner, BioInvent, To Host Key Opinion Leader Call On BI-1206 For Relapsed Or Refractory Non-Hodgkin's Lymphoma PR Newswire ROCKVILLE, Md. and BEIJING, Jan. 21, 2021 Vd:s kommentar BioInvent har tagit ett betydelsefullt steg framåt genom att ingå ett avtal med CASI Pharmaceuticals om exklusiv licens avseende utveckling och kommersialisering av vår nya anti-FcγRIIB-antikropp BI-1206 i Fastlandskina, Taiwan, Hongkong och Macao.
CASI Pharmaceuticals Partner, BioInvent, Presents Phase I/IIA Data That Suggests BI-1206 Restores Activity Of Rituximab In Relapsed Non-Hodgkin's
CASI Pharmaceuticals Partner, BioInvent, Presents Phase I/IIA Data That Suggests BI-1206 Restores Activity Of Rituximab In Relapsed Non-Hodgkin's
BioInvent International, AB ("BioInvent"), has successfully entered into a licensing agreement with CASI Pharmaceuticals, Inc. ("CASI") for the development
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BioInvent licensierar anti-FcγRllB-antikroppen BI-1206 till CASI Pharmaceuticals för den kinesiska regionen Publicerad: 2020-10-27 (Cision) Måndag 26 oktober
Utvecklingssamarbete (kostnader och intäkter delas lika) kring onkolytiska viruskandidater för behandling av solida tumörer, som utnyttjar BioInvents n-CoDeR®/F.I.R.S.T™ plattformar CASI Pharmaceuticals Partner, BioInvent, Presents Phase I/IIA Data That Suggests BI-1206 Restores Activity Of Rituximab In Relapsed Non-Hodgkin’s Lymphoma Patients January 28, 2021 GMT CASI Pharmaceuticals logo (PRNewsFoto/CASI Pharmaceuticals, Inc.) CASI's pipeline expanded to include first-in-class monoclonal antibody developed to unlock anti-cancer immunity in liquid and solid tumors; Collaboration accelerates and expands BioInvent's global CASI's pipeline expanded to include first-in-class monoclonal antibody developed to unlock anti-cancer immunity in liquid and solid tumors; Collaboration accelerates and expands BioInvent's global Furthermore, CASI Pharmaceuticals will also make a $7 million investment in 29,395,311 new shares in BioInvent at a subscription price of SEK 2.09 per share, which corresponds to 130 % of the average volume weighted price for the share during the ten trading days prior to 27 October, and 14,697,655 new warrants (at no separate option premium), each warrant with a right to subscribe for an CASI Pharmaceuticals Partner, BioInvent, Presents Phase I/IIA Data That Suggests BI-1206 Restores Activity Of Rituximab In Relapsed Non-Hodgkin's Lymphoma Patients Lund, Sverige – 27 oktober 2020 – Styrelsen i BioInvent International AB (”BioInvent” eller ”Bolaget”) har beslutat om: Nyemission av aktier och teckningsoptioner till CASI Pharmaceuticals, Inc. villkorat av bolagsstämmans godkännande och kallar till extra bolagsstämma i Bolaget för godkännande av styrelsens beslut. BioInvent International AB, a biotechnology company focused on first-in-class immune-modulatory antibodies for cancer, and CASI Pharmaceuticals, Inc., a U.S. biopharmaceutical company with an established clinical development and commercial infrastructure in China, have entered into an exclusive licensing agreement for the development and commercialization of novel anti-FcγRIIB antibody, BI Under the terms of the Agreement, as part of the upfront payment, CASI will also make a $7 million investment (SEK 61,436,200) in 29,395,311 new shares in BioInvent at a subscription price of SEK 2.09 per share, which corresponds to 130 % of the average volume weighted price for the share during the ten trading days prior to 27 October, and 14,697,655 new warrants (at no separate option 2021-01-21 · CASI Pharmaceuticals Partner, BioInvent, To Host Key Opinion Leader Call On BI-1206 For Relapsed Or Refractory Non-Hodgkin's Lymphoma PR Newswire ROCKVILLE, Md. and BEIJING, Jan. 21, 2021 Vd:s kommentar BioInvent har tagit ett betydelsefullt steg framåt genom att ingå ett avtal med CASI Pharmaceuticals om exklusiv licens avseende utveckling och kommersialisering av vår nya anti-FcγRIIB-antikropp BI-1206 i Fastlandskina, Taiwan, Hongkong och Macao.
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Forskningsbolaget Bioinvent licensierar ut Kinamarknaden för sin viktiga cancerkandidat BI-1206 till Nasdaqbolaget Casi, i en affär värd upp till mer än halva börsvärdet – plus royalties.”Det här är transformativt för bolaget”, säger vd Martin Welschof till Di om affären.
Aktieägare: Antal aktier: Procent av kapital och röster: Van Herk Investments B.V. 5 174 492: 13,1: Omega Funds, LP: 4 148 762: 10,5: HBM Healthcare Investments Ltd BioInvent licensierar anti-FcγRllB-antikroppen BI-1206 till CASI Pharmaceuticals för den kinesiska regionen Publicerad: 2020-10-27 (Cision) Måndag 26 oktober Vidare ska CASI enligt avtalet investera 7 miljoner dollar (61 miljoner kronor) drygt 29 miljoner nyemitterade Bioinvent-aktier till en teckningskurs om 2:09 kronor per aktie, motsvarande 130 procent av aktiens volymvägda genomsnittskurs under de tio handelsdagarna närmast före den 27 oktober, samt cirka 15 miljoner nyemitterade teckningsoptioner (utan separat optionspremie), varvid varje Under the terms of the agreement, BioInvent and CASI will develop BI-1206 in both liquid and solid cancers, with CASI responsible for commercialization in China and associated markets. BioInvent will receive a $5 million upfront payment and is eligible to receive up to $83 million in development and commercial milestone payments plus tiered royalties in the high-single to mid-double-digit BioInvent International STOCKHOLM (Nyhetsbyrån Direkt) Forskningsbolaget Bioinvent licensierar ut BI-1206, en ny anti-FcyRIIB-antikropp, till amerikanska Casi Pharmaceuticals för utveckling och kommersialisering i Fastlandskina, framgår av ett pressmeddelande. CASI's pipeline expanded to include first-in-class monoclonal antibody developed to unlock anti-cancer immunity in liquid and solid tumors; Collaboration accelerates and expands BioInvent's global BioInvent International and CASI Pharmaceuticals (CASI +3.6%) have entered into an exclusive licensing agreement for the development and commercialization of novel anti-FcγRIIB antibody, BI-1206 Forskningsbolaget Bioinvent licensierar ut Kinamarknaden för sin viktiga cancerkandidat BI-1206 till Nasdaqbolaget Casi, i en affär värd upp till mer än halva börsvärdet – plus royalties.”Det här är transformativt för bolaget”, säger vd Martin Welschof till Di om affären. Under the terms of the Agreement, as part of the upfront payment, CASI will also make a $7 million investment (SEK 61,436,200) in 29,395,311 new shares in BioInvent at a subscription price of SEK 2.09 per share, which corresponds to 130 % of the average volume weighted price for the share during the ten trading days prior to 27 October, and 14,697,655 new warrants (at no separate option CASI Pharmaceuticals Partner, BioInvent, To Host Key Opinion Leader Call On BI-1206 For Relapsed Or Refractory Non-Hodgkin’s Lymphoma ROCKVILLE, Md. and BEIJING, Jan. 21, 2021 - CASI Pharmaceuticals, Inc. (Nasdaq: CASI), a U.S. biopharmaceutical company focused on developing and commercializing innovative therapeutics and pharmaceutical products, today announces that its partner BioInvent BioInvent is eligible for potential future development milestones in excess of USD 100 million if an antibody is developed through to commercialization, as well as up to double digit royalties.