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SK Biopharm, Ignis shake on $58M deal for sodium channel blocker

April 23, 2024

South Korea’s SK Biopharmaceuticals Co. Ltd. and Shanghai-based Ignis Therapeutic Co. Ltd. signed a ₩804 billion (US$58 million) licensing deal on April 18, granting the latter global rights to a non-narcotic pain treatment candidate dubbed SKL-22544. A sodium channel blocker, SKL-22544 is in late discovery.

BioWorld Asia Deals and M&A License Neurology/psychiatric Small molecule Asia-Pacific

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AND-017 increases RBC and hemoglobin in sickle cell disease

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Big pharma taps fast Asia innovation in search of next Keytruda

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