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BioWorld - Wednesday, July 6, 2022
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Home » Bridgebio finds commercialization partner for FGFR inhibitor in $2B Helsinn deal
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Bridgebio finds commercialization partner for FGFR inhibitor in $2B Helsinn deal

March 31, 2021
By Nuala Moran
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LONDON – Bridgebio Inc. has made a huge turn on the initial $65 million it invested in 2018 to acquire rights to infigratinib from Novartis AG, sealing a $2 billion commercialization deal with Swiss oncology specialist Helsinn Group for the fibroblast growth factor receptor (FGFR) inhibitor just four years later. Helsinn will work with Bridgebio affiliate QED Therapeutics Inc. on U.S. co-commercialization of infigratinib in oncology and all other indications apart from skeletal dysplasias, with profits and losses shared on a 50-50 basis.
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