Aligos Therapeutics Signs License Deal For Pevifoscorvir Sodium With Xiamen Amoytop Biotech
Aligos Therapeutics, Inc. (ALGS), Thursday announced an exclusive license agreement to develop and commercialize pevifoscorvir sodium with Xiamen Amoytop Biotech Co., Ltd. for chronic hepatitis B virus infection.As per the terms of the deal, Aligos will receive an upfront milestone of $25 million and is eligible to receive upto $420 million in clinical, regulatory, and sales milestones along with tiered, high single-digit royalties on net sales in Amoytop's licensed territories.Also, Aligos will retain all ...