6 months after arriving at Sanofi R&D, John Reed gambles $125M on Denali’s RIPK1 work
Sanofi’s new R&D chief, John Reed, is on the march.
Newly arrived from Roche, Reed is handing over $125 million in cash to partner with Denali $DNLI on a RIPK1 approach to tamping down inflammation. And in the deal — which includes more than a billion dollars in milestones — the French pharma giant is grabbing systemic inflammatory diseases while the Denali team continues to lead the charge on the blood-brain barrier and neuro diseases.
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