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ABVX — Abivax SA News Story

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Brief: Valerio Therapeutics Signs Development Collaboration With Abivax

BRIEF-Valerio Therapeutics Signs Development Collaboration With Abivax

- Valerio Therapeutics SA ALVIO.PA:

  • VALERIO AND ABIVAX ENTER INTO A BINDING TERM-SHEET FOR AN EXCLUSIVE GLOBAL RESEARCH AND DEVELOPMENT COLLABORATION

  • WILL RECEIVE AN UPFRONT PAYMENT UP TO AROUND €2.4 MILLION AND WOULD BE ELIGIBLE TO RECEIVE DEVELOPMENT AND COMMERCIAL MILESTONE PAYMENTS, AS WELL AS ROYALTIES ON NET SALES AND SUBLICENSING REVENUES

  • FINAL TERMS REMAIN SUBJECT TO SIGNING OF DEFINITIVE CO-OWNERSHIP AND LICENSE AGREEMENT

  • VALERIO AND ABIVAX WILL WORK TOGETHER TO IDENTIFY, DESIGN AND EVALUATE NEXT-GENERATION THERAPEUTIC CANDIDATES FOR IMMUNE-MEDIATED INFLAMMATORY DISEASES

  • COLLABORATION WILL INCLUDE GENERATION, MANUFACTURING AND PRECLINICAL EVALUATION OF RESEARCH CANDIDATES

Source text: ID:nBw5pCmJDa

Further company coverage: ALVIO.PA


(Gdansk Newsroom)

((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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