Shifting focus, Sanofi agrees to pay Regeneron $462M for an early wrap of their big I/O alliance
Sanofi has agreed to hand $462 million to Regeneron for an early wrap to their immuno-oncology alliance, narrowly limiting an R&D relationship that will now concentrate on 2 lead programs in the clinic and leaving each of the companies free to pursue their own fates in I/O as they move to begin shuttering one of the industry’s most productive development alliances.
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