CSL and Alentis Therapeutics Ink ~$1.55B Global Collaboration to Advance Lixudebart
Shots:
- CSL & Alentis Therapeutics have entered into an exclusive global collaboration agreement to co-develop & co-promote lixudebart across a range of kidney, liver and other diseases
- CSL & Alentis will jointly develop & co-promote lixudebart, with CSL paying $355M upfront & Alentis receiving up to $1.2B in commercial milestones. Once commercialised, global profits will be split 55% to CSL & 45% to Alentis
- CSL will fully fund the completion of the ongoing P-II (RENAL) trial for ANCA-associated vasculitis with rapidly progressive glomerulonephritis, the planned P-III (AAV-RPGN) trial, P-II trials in focal segmental glomerulosclerosis & primary sclerosing cholangitis, and other supporting development activities
Ref: PRnewswire | Image: CSL & Alentis Therapeutics | Press Release
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