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Innovent and Takeda closed a $11.4B deal for three cancer drugs, with Takeda leading U.S. development of one and sharing profits 40/60 in the U.S.
Innovent Biologics and Takeda have closed a global partnership effective December 4, 2025, advancing three cancer therapies: IBI363, IBI343, and an option on IBI3001.
Takeda will lead development and co-commercialize IBI363 in the U.S., while Innovent retains rights in Greater China.
Takeda gains exclusive rights outside Greater China for IBI343 and an option to license IBI3001 globally.
Innovent receives $1.2 billion upfront, including a $100 million equity stake, with potential up to $10.2 billion in milestones, totaling $11.4 billion.
Royalties apply outside Greater China, except in the U.S. for IBI363, where profits and losses are split 40/60.
Innovent y Takeda cerraron un acuerdo de $ 11.4B para tres medicamentos contra el cáncer, con Takeda liderando el desarrollo de uno en los EE.UU. y compartiendo las ganancias 40/60 en los EE.UU.