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Vol. 105, 2026 YAFO Weekly Global Wrap-up Report 雅法全球生物医药交易周报

Vol. 105, 2026 YAFO Weekly Global Wrap-up Report 雅法全球生物医药交易周报 雅法全球生命科学
2026-11-13
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导读:2026年11月7日-13日,全球医药市场共签署了28项资产授权和合作协议。中国市场共达成9项交易,包括6项出海交易和3项国内交易。
1. Summary of the week



2026年11月7日-13日,全球医药市场共签署了28项资产授权和合作协议。中国市场共达成9项交易,包括6项出海交易和3项国内交易。

中国市场,本周最大的交易是荣昌生物与Vor Biopharma就资产RC298达成海外授权交易,首付款5600万美元,总金额可达3.56亿美元。 

中国以外市场,本周共签署了19项资产授权和合作协议。最大的交易是CorMedix Therapeutics收购Heron Therapeutics的实质性全部资产,首付款包括1.45亿美元和约定数量的公司普通股,加上高达5500万美元的或有收益付款和特许权使用费。

From November 7 to 13, a total of 28 biopharmaceutical licensing and collaboration transactions were announced globally. Of these, 9 were China-related, defined as transactions involving at least one China-based company. These comprised six out-licensing deals and three domestic partnerships.

In China, the largest transaction involved RemeGen and Vor Biopharma for the asset RC298, with an upfront payment of $56million and a total deal value of $356 million.

Outside China, 19 deals were announced. The largest transaction involved CorMedix Therapeutics’ acquisition of substantially all of Heron Therapeutics’ assets for upfront consideration of $145 million in cash, CorMedix common stock, plus up to $55 million in contingent earn-out payments and royalties on net sales of certain Heron products.


2. Licensing Deals








2a. China section








3. M&A Deals




4. Top Deals of 2026


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5. 2021-2025 China Innovative Drug Licensing Transactions


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