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Event Brief

Hengrui signs up to $15.2 billion deal with BMS

Jiangsu Hengrui Pharmaceutical signed a global collaboration and licensing agreement with Bristol Myers Squibb worth up to $15.2 billion.
WHO: Jiangsu Hengrui Pharmaceutical
WHAT: Signed a global collaboration and licensing agreement with Bristol Myers Squibb worth up to US$15.2 billion
WHEN: May 12, 2026 at 6:00 AM ET
WHERE: Jiangsu, China
WHY: To establish a global collaboration and licensing agreement with BMS.

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