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Beneath the conditions of the contract, Apogenix shall receive upfront and milestone payments, as well as royalty payments at tiered, double-digit royalty prices following commercial launch of APG101 in China. APG101 is usually a CD95 ligand inhibitor which restores the immune response against tumors and inhibits invasive tumor cell growth. The drug candidate is being developed for the treatment of solid tumors and malignant hematological diseases. In a controlled stage II proof-of-idea trial in individuals with recurrent glioblastoma, treatment with APG101 in conjunction with radiotherapy has demonstrated clinical superiority in every study endpoints compared to treatment with radiotherapy only.