Issue Date: April 17, 2017
BMS compounds go to Biogen, Roche
Bristol-Myers Squibb has struck separate agreements to license BMS-986168, an anti-eTau compound in development for progressive supranuclear palsy, to Biogen and BMS-986089, an antimyostatin adnectin in development for Duchenne muscular dystrophy, to Roche. Biogen will pay $300 million plus milestones of up to $410 million. Roche will pay $170 million plus milestones of up to $205 million. BMS says the deals will allow it to prioritize other drugs in its pipeline. It got BMS-986168 with its 2014 acquisition of iPierian.
- Chemical & Engineering News
- ISSN 0009-2347
- Copyright © American Chemical Society