Bio News

Alteogen has entered into an exclusive licensing agreement for ALT-B4 with an undisclosed partner for up to $365 million (approximately 521.9 billion won), plus separate sales royalties. Alteogen will receive an upfront payment within 30 days of the agreement’s effective date. The company expects royalty revenue after the product is approved.

BIOBOOK TEAM
biobookmedia@biobook.co.krParagon Spin-Off Velaris Goes Public Through Reverse Merger With Alaunos
Syndax halts development of Niktimvo for pulmonary fibrosis; shares plunge 17%
BioNTech’s mRNA Cancer Vaccine Misses Primary Endpoint for Progression-Free Survival in Phase 3 Trial
Roche Signs $1.6 Billion Deal With China’s Rona for ALK7 Obesity Drug
Formycon and Zydus’ Keytruda Biosimilar Is First to Be Accepted for FDA Review
Pfizer Signs $500 Million Protein Degrader Deal With Enodia