Sanofi builds on mRNA alliances with an $805M pact for Ron Renaud’s Translate Bio
A year after Ron Renaud’s team at RaNA bagged rights to an RNA platform at Shire and relaunched as Translate Bio, the group has scored a big pharma alliance with Sanofi.
The French giant is handing over a $45 million upfront to partner with Translate, which will now set out to develop messenger RNA vaccines for up to 5 targets. Translate will also be in line for up to $760 million in milestone cash if the work proves successful.
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