Arena Pharmaceutical Licenses Exclusive Worldwide Rights of Ralinepag (APD811) to United Therapeutics for $1.2B
Shots:
- Arena to get $1.2B as total deal value- including $800M upfront plus $400M milestones and royalties on net sales of the product. United to get exclusive worldwide rights to develop & commercialize Ralinepag
- The focus of the agreement is to develop Ralinepag for long-term success with an expectation to treat 10-000 patients annually from the 2020s to 2030s
- Ralinepag PO is a qd IP receptor agonist evaluated currently in P-III- indicated for the treatment of pulmonary arterial hypertension (PAH)
Ref: United Therapeutics | Image: PR Newswire
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