EVOQ Therapeutics Signs a ~$500M Deal with Sanofi for NanoDisc Technology
Shots:
- EVOQ Therapeutics has entered into a collaboration & license agreement with Sanofi to advance EVOQ’s NanoDisc tech in immunology
- As per the deal, both companies will jointly lead research activities, with Sanofi responsible for global development & commercialization efforts. In exchange, EVOQ will receive over $500M, incl. upfront, preclinical, development & sales milestones, with tiered royalties
- NanoDisc platform utilizes synthetic HDL NanoDisc to deliver antigens & small molecules for restoring immune tolerance in pts with autoimmune disorders like celiac disease, type 1 diabetes, MOGAD antibody disease, rheumatoid arthritis, & lupus
Ref: EVOQ Therapeutics | Image: EVOQ Therapeutics and Sanofi| Press Release
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