Mitsubishi Tanabe Signs a License Agreement with Viela Bio for its Inebilizumab

 Mitsubishi Tanabe Signs a License Agreement with Viela Bio for its Inebilizumab

Mitsubishi Tanabe Signs a License Agreement with Viela Bio for its Inebilizumab

Shots:

  • Veila Bio to receive $30M upfront licensing fee, additional payment on development and commercial milestones plus royalties on sales of product post-launch
  • MTPC to get exclusive rights to develop and commercialize the product in Japan, South Korea, Taiwan, Singapore, Indonesia, Thailand, Malaysia, the Philippines and Vietnam  
  • Inebilizumab is an anti-CD19 mAb that binds to CD19 with high affinity and is currently under investigation for the treatment of neuromyelitis optica spectrum, disorder (NMOSD)

Click here to­ read full press release/ article | Ref: Mitsubishi Tanabe | Image: Twitter


Vartika Singh

Vartika Singh is a content writer who loves to write research articles and reports at PharmaShots. She has in-depth knowledge of the life sciences industry including the Pharma and Biotech sectors. Any articles written by her can be contacted at connect@pharmashots.com.

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