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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