Issue Date: November 14, 2016
BMS grows its fibrosis portfolio
Bolstering its growing portfolio of fibrosis treatments, Bristol-Myers Squibb has paid $100 million upfront for access to Nitto Denko’s siRNA molecules targeting heat shock protein 47. Nitto Denko’s lead HSP47 inhibitor, which blocks a protein responsible for regulating collagen synthesis and deposition, is in Phase Ib studies to treat advanced liver fibrosis caused by nonalcoholic steatohepatitis. BMS has in recent years assembled a pipeline of fibrosis assets through deals that include options to buy Galecto Biotech and Promedior.
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