Atara Biotherapeutics Expands its Collaboration Agreement with Laboratoires Pierre Fabre to Develop and Commercialize Ebvallo Globally
Shots:
- Atara has granted Pierre Fabre the license to develop & commercialize Atara’s Ebvallo across the US & other global territories. Earlier, Pierre Fabre only had the rights to geographies incl. Europe, Middle East, Africa & other selected emerging markets
- As per the extended agreement, Atara will receive an aggregate of $640M incl. $30M up front & is eligible to receive up to $610M in regulatory ($100M) & commercial ($510M) milestones, plus double-digit tiered royalties. Pierre Fabre will reimburse Atara for the expected global development costs of Ebvallo through BLA submission
- Ebvallo is an allogeneic EBV-specific T-cell immunotherapy for EBV+ PTCL that has been approved in the EU & is marketed in Germany & Austria
Ref: PR Newswire | Image: Atara Biotherapeutics
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Shivani was a content writer at PharmaShots. She has a keen interest in recent innovations in the life sciences industry. She was covering news related to Product approvals, clinical trial results, and updates. We can be contacted at connect@pharmashots.com.