I/O enthusiast Servier signs up for an $807M, second wave PD-1 development deal with Sorrento
Sorrento Therapeutics, which is closely aligned with Patrick Soon-Shiong’s network of biotech companies, has struck a deal to partner with France’s Servier on its PD-1 checkpoint program for STI-A1110.
Servier is handing over a $27.5 million upfront to Sorrento $SRNE in the deal while putting $780 million on the table for a full slate of milestones.
For Servier, it’s a chance to start work on its own in-house combination drugs for blood cancers as well as solid tumors. Servier has also been working on CAR-T, adapting T-cells into cancer therapies. And while it’s well behind the pioneers in both checkpoint inhibitors – with three approved for use – and CAR-T, the company still sees a significant niche future for itself in immuno-oncology.
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