Sobi renegotiates nirsevimab deals, to pay $81M for US royalties and axe AstraZeneca agreement
Sobi has announced two new updates that it said would “streamline” previous arrangements related to nirsevimab and give the company more flexibility.
Sobi said Sunday that it reached a new royalty agreement with Sanofi on net US sales of the RSV antibody, currently branded as Beyfortus in the regions where it is approved. According to a company statement, Sobi will start out with a 25% royalty of all US sales, starting at launch and paid out every quarter. As part of the agreement, Sobi is ponying up $66 million to reimburse Sanofi for previous R&D expenses.
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.