Yuhan Corporation /
Sorrento
Yuhan Corporation to purchase Sorrento’s ImmuneOncia interests and related assets
What happened
Yuhan Corporation agreed to buy Sorrento’s stake in the ImmuneOncia joint venture, along with related patents, technology, inventory, records and contracts. The agreement provides for $20 million in cash and the assumption of certain liabilities.
The Bankruptcy Court approved the sale, and Sorrento completed the disposition on Nov. 2, 2023.
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Yuhan Corporation to purchase Sorrento’s ImmuneOncia interests and related assets
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