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BioWorld - Monday, February 23, 2026
Home » Topics » Deals and M&A

Deals and M&A
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Handshake at business meeting after sealing deal

Illumina and Agendia team up for breast cancer test development

Jan. 12, 2022
By Catherine Longworth
Illumina Inc. and Agendia NV are joining forces for a multiyear partnership to develop diagnostic tests for breast cancer. The collaboration will unite lllumina’s Miseq Dx sequencing platform, with Agendia's flagship genomic test, Mammaprint, which identifies a patient’s breast cancer recurrence risk. Illumina has been steadily signing partnerships over the past few years and currently has more than 30 IVD partners and 40 sequencing-based solutions for cancer under development.
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Parkinson's disease illustration showing neurons containing alpha-synuclein

Sanofi in-licenses ABL Bio Parkinson’s drug for $1B as alpha-synuclein research heats up

Jan. 12, 2022
By Richard Staines
Targeting the toxic alpha-synuclein protein found in the brains of people with Parkinson’s is one of the most promising approaches to treat the disease in the clinic – but getting any drug into the brain is a challenge. Sanofi SA has joined with ABL Bio Inc. to solve this problem, in-licensing ABL-301, a preclinical bispecific antibody that locks on to misfolded alpha-synuclein but also includes a molecular “shuttle” that allows it to penetrate the blood-brain barrier.
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Doctor with brain illustration, businessman with dollar sign illustration

3Sbio licenses out global rights of PD-1 inhibitor to Syncromune

Jan. 11, 2022
By Doris Yu
3Sbio Inc.’s subsidiary, Sunshine Guojian Pharmaceutical Co. Ltd., has licensed out the global rights of its anti-PD-1 antibody candidate, 609-A, to Florida-based Syncromune Inc. in a deal the company said is worth up to “hundreds of millions of U.S. dollars.”
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Prism offers Genentech peptide mimetic small-molecules library for multitarget collaboration

Jan. 11, 2022
By Gina Lee
Prism Biolab Co. Ltd. has added Genentech Inc., a unit of Roche Holding AG, to the list of users for its peptide mimetic small-molecules library after signing a multitarget research collaboration and licensing agreement.
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Kyowa Kirin expands Inveniai AI platform collaboration once again

Jan. 11, 2022
By Gina Lee
Inveniai LLC and Kyowa Kirin Co. Ltd. have expanded their partnership a second time, inking their most recent multiple drug discovery agreement. The multiyear deal will see the duo discover novel targets and treatments for therapeutic areas across Kyowa Kirin’s portfolio and areas of interest using Inveniai’s artificial intelligence (AI) platform.
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Opportunity compass with Chinese flag

Sperogenix licenses China rights to Santhera DMD candidate in $124M deal

Jan. 11, 2022
By Doris Yu
Sperogenix Therapeutics Ltd. has acquired exclusive greater China rights to Santhera Pharmaceuticals Holding AG’s glucocorticoid analogue vamorolone in a deal worth up to $124 million.
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Asia at night from space

GE Healthcare collaborates with Boston Scientific on cardiac care in Southeast Asia

Jan. 11, 2022
By Zhang Mengying
Two med-tech giants GE Healthcare Ltd. and Boston Scientific Corp. are teaming up to expand cardiac care in Southeast Asia. GE Healthcare and Boston Scientific reported plans to collaborate on an end-to-end cardiac care solution offered to cardiac care centers in Southeast Asia. The suite of care offered ranges from diagnostic to percutaneous coronary intervention.
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Hands holding gears

Junshi Biosciences starts 2022 with two licensing deals

Jan. 11, 2022
By David Ho
Barely two weeks into the year, Shanghai Junshi Biosciences Co. Ltd. has already locked down an out-licensing deal and an in-licensing agreement. In a follow-up to their $1.1 billion deal a year ago, Coherus Biosciences Inc. has moved ahead with the right to exercise its option to license Junshi’s JS-006, a recombinant humanized IgG4k monoclonal antibody targeting T cell immunoglobulin and ITIM domain protein (TIGIT). Separately, Junshi has in-licensed antibody “modules,” or Dotbodies, from Dotbio Pte. Ltd. for use in oncology and the development of several multispecific antibodies.
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Merck-Aligos deal expansion hits $1.38B potential, though shares lag after HBV halt

Jan. 11, 2022
By Michael Fitzhugh
Merck & Co. Inc., building on a year-old deal with Aligos Therapeutics Inc., has moved to in-license an early stage nonalcoholic steatohepatitis (NASH) oligonucleotide program Aligos had previously advanced independently. The amended deal also gives Merck the right to add a new NASH target to the partnership, in addition to those already part of the agreement. With Aligos eligible to receive up to $460 million in development and commercialization milestones as well as tiered royalties on net sales per target, its rewards could reach $1.38 billion.
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Handshake with cityscape and businesspeople

Arrakis and Dren each cut deals with billion-dollar potential

Jan. 11, 2022
By Lee Landenberger
The deals continued to flow during day two of the J.P. Morgan Healthcare Conference. Privately held Arrakis Inc., which specializes in aiming at small-molecule RNA targets, primarily cancers, has signed onto a collaboration with Amgen Inc. that could bring in billions in future payments should it hit all the milestones and program options are exercised. Dren Bio Inc., meanwhile, will collaborate with Pfizer Inc. to develop bispecific antibodies for oncology targets. Dren could receive more than $1 billion in the deal that includes a $25 million in cash up-front payment from Pfizer.
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