Henlius Biotech (02696.HK) said it has entered a strategic collaboration with
Sandoz to develop up to 10 monoclonal antibody and/or antibody‑drug conjugate
(ADC) biosimilars or components. The parties signed terms covering an initial
three selected products and an option on a fourth. In April 2025 the firms
agreed exclusive commercialization for Henlius’ ipilimumab biosimilar HLX13
across 46 countries including the US and Europe; the new arrangement deepens
their existing oncology biosimilar cooperation.