John Oyler, BeiGene CEO (Endpoints News, PharmCube)

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.

Endpoints News

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