Ipsen Signs Exclusive Worldwide License Agreement with Blueprint to Develop & Commercialize BLU-782 for Fibrodysplasia Ossificans Progressiva
Shots:
- Blueprint to receive $535M including $25M up front and up to $510M as development- regulatory & commercial milestone for BLU-782 in up to two indications- including FOP with royalties on global sales of BLU-782
- The collaboration robust Ipsen’s rare diseases portfolio and accelerates Blueprint’s aim to globally develop BLU-782 by utilizing Ipsen’s clinical expertise in rare diseases and global infrastructure
- Blueprint’s BLU-782 is a selective ALK2 inhibitor- being evaluated in P-I study and has received FDA’s rare pediatric disease designation- orphan drug designation and fast track designation for the treatment of FOP
Click here to read full press release/ article | Ref: Ipsen | Image: Genetic Engineering and Biotechnology News
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