Up­dat­ed: Sanofi's $1.5B pact with Te­va in IBD adds fu­el to an­ti-TL1A race against Mer­ck, Roivant and Pfiz­er

Sanofi wasn’t the on­ly par­ty in­ter­est­ed in Te­va’s an­ti-TL1A an­ti­body, but it emerged as the “per­fect part­ner” to se­cure a deal worth up to $1.5 bil­lion, ac­cord­ing to Te­va’s CEO Richard Fran­cis.

The Is­rael-based com­pa­ny is set to re­ceive €469 mil­lion ($500 mil­lion) up­front and up to €940 mil­lion ($1 bil­lion) in de­vel­op­ment and launch mile­stones, the com­pa­nies re­vealed ear­ly Wednes­day morn­ing.

In the an­ti-TL1A con­test, Roivant is al­ready in the mix when it teamed up with Pfiz­er for RVT-3101, as is Mer­ck, which bought Prometheus Bio­sciences in a deal worth $10.8 bil­lion for MK-7240.

Endpoints News

Unlock this article instantly by becoming a free subscriber.

You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.