GSK Enters Exclusive License Agreement With Hansoh For HH-20089; Under Agreement, Co Will Obtain Exclusive Worldwide Rights (Excluding China's Mainland, Hong Kong, Macau, And Taiwan)
Portfolio Pulse from Benzinga Newsdesk
GlaxoSmithKline (GSK) has entered into an exclusive license agreement with Hansoh for HH-20089. Under the agreement, GSK will obtain exclusive worldwide rights, excluding mainland China, Hong Kong, Macau, and Taiwan.
October 20, 2023 | 2:49 pm
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POSITIVE IMPACT
GSK's new exclusive license agreement with Hansoh for HH-20089 could potentially expand its market reach and product portfolio.
The exclusive license agreement allows GSK to expand its product portfolio with HH-20089 and potentially increase its market share outside of China, Hong Kong, Macau, and Taiwan. This could positively impact GSK's stock in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100