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Roche to pay Simcere $75 million upfront for blood cancer drug rights

Roche will pay $75 million upfront to Simcere Pharmaceutical Group for rights to an experimental blood cancer drug, Simcere said Tuesday.

2096RHO

Switzerland's Roche BX:RHO will pay $75 million upfront to Simcere Pharmaceutical Group HKEX:2096 for rights to an experimental blood cancer drug, the Chinese drugmaker said Tuesday.