March 29 (Reuters) - Kazia Therapeutics Ltd (KZA) :
- ENTERED INTO LICENSING AGREEMENT WITH SIMCERE PHARMACEUTICAL GROUP LTD
- AGREEMENT TO DEVELOP AND COMMERCIALISE CO'S NEW DRUG, PAXALISIB, IN GREATER CHINA
- UNDER TERMS OF AGREEMENT, KAZIA WILL RECEIVE AN UPFRONT PAYMENT OF US$11 MILLION