One year after wrapping PhI, Biogen drops ALS drug it bought from Karyopharm for $10M cash
A lot has changed in the four years since Biogen paid $10 million cash to buy Karyopharm’s neuro-directed XPO1 inhibitor.
Karyopharm steered its other XPO1 drug, selinexor, to an FDA approval. Biogen, having renamed KPT-350 to BIIB100, chose to position the candidate as a potential treatment for amyotrophic lateral sclerosis (out of a number of neurodegenerative conditions) and completed a Phase I trial — even as the Alzheimer’s drug that became Aduhelm hawked the spotlight.
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