300765SZSE
🚨 Material Event

Announcement on the Signing of a Cooperation, Option, and License Agreement between the Controlling Subsidiary and AstraZeneca

✨ AI Summary

This announcement details a strategic collaboration between CSPC Pharmaceutical Group's subsidiary, Giant Biologics, and AstraZeneca. The agreement focuses on developing novel extracellularly delivered small interfering RNA (siRNA) drug candidates for liver diseases. The deal includes upfront payments, milestone payments up to $5.4 billion, and sales milestones up to $12 billion, plus royalties.

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Stock Code: 300765

Stock Abbreviation: CSPC Pharmaceutical Innovation

Announcement Number: 2026-062

CSPC Pharmaceutical Innovation Co., Ltd.

Announcement on the Signing of a Cooperation, Option, and License Agreement between the Controlling Subsidiary and AstraZeneca

The Company and the entire Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false statements, misleading representations, or material omissions.

I. Transaction Overview

CSPC Pharmaceutical Innovation Co., Ltd. (hereinafter referred to as the "Company")'s controlling subsidiary, CSPC Group Giant Biologics Co., Ltd. (hereinafter referred to as "Giant Biologics"), signed the "Cooperation, Option, and License Agreement" with AstraZeneca on July 1, 2026. The agreement establishes a strategic partnership with AstraZeneca in the field of novel extracellularly delivered small interfering RNA (siRNA) drug candidates (hereinafter referred to as the "Transaction"), focusing on the development of novel extracellularly delivered siRNA drug candidates.

II. Basic Information of the Counterparty

The counterparty to this transaction is AstraZeneca. AstraZeneca is a leading global biopharmaceutical company with extensive experience in the research, development, and commercialization of biologics and pharmaceuticals. AstraZeneca has no affiliation with the Company.

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