Novartis turns to BeiGene again for the next big checkpoint target, paying $300M to jump into TIGIT race
Count Novartis in for the burgeoning TIGIT race.
After starting the year by plunking down $650 million upfront to license BeiGene’s PD-1 inhibitor — with positive Phase III data stacking up ever since — Novartis is returning to its biotech partner to pick up a Phase III TIGIT drug while entrusting it with marketing five of its approved cancer treatments in China.
Their goal, BeiGene CEO John Oyler suggests in an interview with Endpoints News, is nothing short of vaulting to a leadership position in the TIGIT space with the additional horsepower that Novartis brings.
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