Compugen's Stock Increases Following Royalty Agreement with AstraZeneca
Compugen's Stock Surge: Compugen's shares rose approximately 16% in premarket trading following an agreement with AstraZeneca to monetize future royalties from its cancer drug rilvegostomig.
Agreement Details: AstraZeneca amended a 2018 license deal to acquire part of Compugen's royalty interest, while Compugen retains the majority of future royalties as the drug is in late-stage development for various cancers.
Financial Impact: The deal provides Compugen with $65 million upfront and a potential additional $25 million contingent on FDA marketing application acceptance, extending its cash runway into 2029.
Future Prospects: The non-dilutive financing is expected to support Compugen's ongoing development efforts and financial stability as it advances its cancer treatment initiatives.
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AstraZeneca Announces $15B Investment in China to Expand Operations
- Major Investment Plan: AstraZeneca has announced a $15 billion investment in China by 2030 to expand its drug manufacturing and R&D capabilities, marking the next phase of the company's development in China, which is expected to significantly enhance its cell therapy and radioconjugates capabilities.
- Strategic Market Positioning: China has become AstraZeneca's second-largest market, and this investment will further solidify its strategic hub status in global innovation, particularly with two global R&D centers in Beijing and Shanghai that have led 20 global clinical trials to date.
- Enhancing Public Health Contribution: CEO Pascal Soriot stated that this investment will strengthen AstraZeneca's contribution to high-quality development in China, especially in breakthrough treatment areas like cell therapy, bringing next-generation modalities to patients.
- Manufacturing and R&D Capacity Boost: This investment will not only increase the capacity of four manufacturing sites but also drive commercial operations across five regional hubs, further enhancing the company's competitiveness and influence in the Chinese market.

AstraZeneca Announces $15 Billion Investment in China
- Investment Scale: AstraZeneca has announced a $15 billion investment in China by 2030 to expand its medicines manufacturing and R&D capabilities, further solidifying its market position in the region.
- UK-China Collaboration: This investment was announced during the UK Prime Minister's visit to China, expected to strengthen collaboration in healthcare innovation and promote the development of life sciences ecosystems in both countries.
- Job Creation: AstraZeneca's investment will grow its highly skilled workforce in China to over 20,000 and create thousands of additional jobs across the healthcare ecosystem, supporting job growth in the UK.
- Enhanced R&D Capabilities: The investment will significantly enhance AstraZeneca's capabilities in cell therapy and radioconjugates, leveraging its global strategic R&D centers in Beijing and Shanghai, which collaborate with over 500 clinical hospitals to advance global clinical trials.









