Biohaven jumps on SK Biopharma epilepsy licensing deal worth up to $795 million

BUZZ-Biohaven jumps on SK Biopharma epilepsy licensing deal worth up to $795 million

** Shares of drugmaker Biohaven BHVN.N rise 14% to $16.4 premarket

** Biohaven enters a partnership with South Korean drug maker SK Biopharmaceuticals 326030.KS worth up to $795 million to license and commercialize a new epilepsy drug platform

** SK Biopharmaceuticals gains exclusive global rights to Biohaven's lead epilepsy drug candidate, opakalim

** Opakalim is in mid-to-late stage trial testing for focal epilepsy, and trial results are expected in H2 2026

** Biohaven to use SK's established epilepsy development and sales network to bring opakalim to patients globally

** As of last close, BHVN up 27.4% YTD


(Reporting by Kamal Choudhury in Bengaluru)

((Kamal.Choudhury@thomsonreuters.com;))

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