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BioWorld - Monday, May 16, 2022
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Home » Sanofi goes one step Biond checkpoint madness with $1B-plus cancer deal
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Sanofi goes one step Biond checkpoint madness with $1B-plus cancer deal

Jan. 12, 2021
By Randy Osborne
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Biond Biologics Ltd. co-founder and CEO Tehila Ben-Moshe told BioWorld that “a relatively small group of scientists who are very motivated started with a very basic scientific idea, which we were able to take all the way into clinical trials in four years,” and draw the interest of Paris-based Sanofi SA in a checkpoint inhibitor with multi-cell effects. In its second major deal of the week, Sanofi is pledging $125 million up front and more than $1 billion more in potential development, regulatory and sales-related milestone payments to Biond, of Misgav, Israel.
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