Sanofi Out Licenses Two Sickle Cell Disease Programs to GBT for $353M
Shots:
- Sanofi to receive ~$353M including $2.25M up front and remaining as development- regulatory and commercial milestones as well as royalties on WW net sales of programs
- GBT gets exclusive WW rights to two early-stage research programs in SCD. One program pursues a novel anti-sickling mechanism and the other leverages a new approach to reduce inflammation and oxidative stress
- GBT will conduct all research- development- regulatory and commercialization activities globally. The addition of novel programs will complement GBT’s existing pipeline and support the company’s strategy to address SCD
Ref: GlobeNewswire | Image: Crunch Base
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