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Investors put $400M into biotech licensing obesity drugs from China

BioPharma Drive: Drug Pricing

The biotech, tentatively named Hercules CM Newco, has rights to three incretin drugs discovered by Jiangsu Hengrui Pharmaceuticals, two of which are in clinical testing.

Licensing 356
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Roche licenses Sangamo’s technology for another shot at Alzheimer’s drugs

BioPharma Drive: Drug Pricing

Through a new deal, Roche has exclusive rights to Sangamo molecules designed to repress the gene that makes “tau,” a protein many scientists view as a main driver of Alzheimer’s.

Licensing 334
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Takeda pays $300M to license Protagonist drug for blood disorder

BioPharma Drive: Drug Pricing

The agreement gives Protagonist an experienced hand in Takeda, which can help the former commercialize its product.

Licensing 291
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GSK to pay $300M to license drug it sees as potential lupus treatment

BioPharma Drive: Drug Pricing

The licensing deal with China’s Chimagen Biosciences is the latest example of drugmaker interest in exploring the potential of “T cell engagers” in autoimmune disease.

Licensing 183
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Astellas application rejected by FDA; Cytokinetics strikes licensing deal with Bayer

BioPharma Drive: Drug Pricing

The agency turned back Astellas’ attempt to update its drug Izervay’s labeling. Elsewhere, former NCI director Ned Sharpless founded a new startup and Novartis licensed another radiopharma drug.

Licensing 148
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Gilead bets on Xilio cancer drug as biotech restructures

BioPharma Drive: Drug Pricing

Xilio will get just over $40 million from Gilead in return for a license to its experimental IL-12 immunotherapy. The biotech is also discontinuing other work and laying off staff.

Licensing 299
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Novartis wagers billions of dollars on PTC Huntington’s drug

BioPharma Drive: Drug Pricing

At the center of a new licensing deal is an experimental medicine, PTC518, which is currently being tested in a roughly 250-person study that should produce results next year.

Licensing 291