Under terms of the deal, Merck will gain global rights to develop, manufacture, and commercialize HRS-5346 for cardiovascular disease, excluding Greater China.
Image Credit: Adobe Stock Images/Africa Studio
Merck has entered an exclusive licensing agreement with Jiangsu Hengrui Pharmaceuticals for HRS-5346, an investigational oral small molecule inhibitor of lipoprotein(a) (Lp[a]), a key risk factor for atherosclerotic cardiovascular disease.
Under the terms of the agreement, Hengrui will receive an upfront payment of $200 million, with potential milestone payments of up to $1.77 billion, plus royalties on future sales. In return, Merck will gain global development, manufacturing, and commercialization rights for HRS-5346, excluding mainland China, Hong Kong, Macau, and Taiwan. The drug is currently in a Phase II clinical trial in China.1
“Elevated blood concentrations of Lp(a) provides a well-documented risk factor for atherosclerotic cardiovascular disease, affecting as many as 1 in 5 adults globally,” said Dean Y. Li, president, Merck Research Laboratories, in a press release. “HRS-5346, an investigational oral small molecule inhibitor of Lp(a) formation, is an important addition that expands and complements our cardio-metabolic pipeline.”
The deal is expected to close in the second quarter of 2025 pending approval under the Hart-Scott-Rodino Antitrust Improvements Act and other customary conditions. It is projected the acquisition will result in a $200 million pre-tax charge for Merck upon completion.1
“We are pleased to partner with Merck, a global leader in cardiovascular care,” said Frank Jiang, EVP, chief strategy officer, Hengrui Pharma, in the press release. “We believe Merck’s clinical expertise and global scale will help accelerate the development of HRS-5346 and potentially provide more patients with an additional option to reduce their risk of atherosclerosis.”
Reference
Merck Enters Exclusive License Agreement for HRS-5346, an Investigational Oral Lipoprotein(a) Inhibitor, for Cardiovascular Disease from Jiangsu Hengrui Pharmaceuticals Co., Ltd. Merck. March 25, 2025. Accessed March 25, 2025. https://www.merck.com/news/merck-enters-exclusive-license-agreement-for-hrs-5346-an-investigational-oral-lipoproteina-inhibitor-for-cardiovascular-disease-from-jiangsu-hengrui-pharmaceuticals-co-ltd/
Novo Nordisk, The United Laboratories Ink Exclusive License Agreement for Triple Receptor Agonist
March 25th 2025Under terms of the license agreement, Novo Nordisk will acquire the rights to develop and commercialize UBT251 outside of China for obesity and type 2 diabetes for an upfront payment of $200 million.
Sanofi Bolsters Immunology Pipeline with Acquisition of Dren Bio’s DR-0201 for Up to $1.9 Billion
March 20th 2025DR-0201, a CD20-directed bispecific antibody, has demonstrated robust B-cell depletion in early clinical studies, showing promise in treating refractory B-cell-mediated autoimmune diseases.