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Biotech / Medical : Regeneron Pharmaceuticals
REGN 659.83+1.1%1:09 PM EDT

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To: BioBait who wrote (3549)8/1/2024 8:17:02 AM
From: BioBait  Read Replies (1) of 3557
 
Alnylam partnership

Updated collaboration agreements with Regeneron.
  • Amended license agreement under which Regeneron gains exclusive rights to cemdisiranas a monotherapy in exchange for a $10 million upfront payment, certain regulatory milestones, and low double-digit royalties on sales of cemdisiran as a monotherapy.
  • Alnylam now has full global development and commercialization rights to mivelsiran in all indications, as Regeneron opted out of further co-development and co-commercialization of mivelsiran, in development for CAA and Alzheimer's disease. Regeneron will be eligible to receive low double-digit royalties on sales of mivelsiran, if approved.
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