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Week In Review: AriBio Sells China Rights To Alzheimer’s Candidate In $770 Million Deal

South Korea’s AriBio out-licensed China rights for AR1001, an Alzheimer’s disease candidate, in an agreement worth up to $770 million. The company acquiring the asset asked to remain anonymous because of the competition for Alzheimer’s drugs.

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ArriVent BioPharma, Inc. (AVBP)

BeiGene, Ltd. (BGNE)

Nuvation Bio Inc. (NUVB)