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BioWorld - Saturday, July 11, 2026
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Home » Agios sells oncology business to Servier in $2B+ deal
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Agios sells oncology business to Servier in $2B+ deal

Dec. 21, 2020
By Michael Fitzhugh
Agios Pharmaceuticals Inc., a company that has until now revolved primarily around its FDA-approved acute myeloid leukemia drug, Tibsovo (ivosidenib), is selling that drug and the rest of its oncology business to Servier Pharmaceuticals LLC in a deal valued at up to $2 billion, plus royalties. The agreement includes $1.8 billion cash up front for the portfolio and as much as $200 million in regulatory milestone payments for the investigational glioma treatment vorasidenib.
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