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BioWorld - Monday, May 16, 2022

Development

Home » Topics » Deals and M&A » Development
  • Dec. 17, 2021
    By Randy Osborne

    Scant backlash from NASH crash as Genfit scores $539M-plus Ipsen deal in PBC

    Genfit SA’s global development and commercialization deal with Ipsen Pharma SA for phase III-stage elafibranor in primary biliary cholangitis (PBC) – plus a separate arrangement for rights to an asset earlier in development from Genoscience Pharma SA – represent “the logical next steps in the implementation of a strategy that we outlined to you about 18 months ago,” Genfit CEO Pascal Prigent said during a conference call with investors.
  • Jcr research 10 5
    Oct. 5, 2021
    By David Ho

    Takeda secures ex-U.S. rights to JCR Pharma’s Hunter syndrome treatment

    Takeda Pharmaceutical Co. Ltd. and JCR Pharmaceuticals Co. Ltd. have negotiated a geographically-focused licensing deal to develop and commercialize JR-141 (pabinafusp alfa), a potential therapy for mucopolysaccharidosis type II, also known as Hunter syndrome.
  • Oct. 5, 2021
    By David Ho

    Sumitomo’s Sunovion and Otsuka sign $890M worldwide development collaboration deal for four neuropsychiatric compounds

    Sumitomo Dainippon Pharma Co. Ltd., its U.S.-based subsidiary Sunovion Pharmaceuticals Inc. and Otsuka Pharmaceutical Co. Ltd. have inked a global collaboration agreement to jointly advance four new compounds for serious neuropsychiatric conditions. Sunovion granted Otsuka rights to collaboratively develop and commercialize the four compounds worldwide. In return, Sunovion will receive an up-front payment of $270 million and up to $620 million in development milestone payments for the agents, with the potential for more depending on additional indications. It could also receive sales milestones from Otsuka.
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