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Oncology
Agios to shed cancer business for $1.8 billion
by Ryan Cross
January 2, 2021
| A version of this story appeared in
Volume 99, Issue 1
Agios Pharmaceuticals is selling its cancer drug business to the French drugmaker Servier for $1.8 billion. The deal includes employees in the oncology unit, two commercialized drugs for treating acute myeloid leukemia, and a portfolio of clinical and preclinical cancer drug programs. Agios, which was founded in 2008 to focus on cancer metabolism, will concentrate on drugs for rare diseases. Its lead candidate, mitapivat, is in Phase 3 studies for pyruvate kinase deficiency.
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society
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