Riccardo Braglia, Helsinn executive chairman

Up­dat­ed: Bridge­Bio's $2.4B part­ner­ship takes a sud­den hit as Helsinn plans to with­draw NDA on FGFR2 drug

Not two years af­ter the fam­i­ly-owned Swiss phar­ma Helsinn en­gi­neered a $2.4 bil­lion deal to get a piece of Bridge­Bio’s in­fi­gra­tinib — lat­er ap­proved as Trusel­tiq — it’s all com­ing to an abrupt end.

Lian­Bio, the biotech play­er that holds the Chi­na li­cense to the drug, flagged the news in an SEC dis­clo­sure — al­though it ap­pears that Bridge­Bio has pre­vi­ous­ly re­port­ed it in a Sep­tem­ber fil­ing.

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