Pharma Deals Review, Vol 2015, No 12 (2015)

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Sanofi Signs Trio of Deals to Bolster Diabetes and Oncology Pipelines

Heather Cartwright & Rohit Khera

Abstract


In the first of three deals announced in the space of a week, Sanofi has partnered with German biotech BioNTech to discover and develop up to five mRNA-based cancer immunotherapies in deal potentially worth up to US$1.56 B. Looking to reverse declining sales of its diabetes franchise and keep up with rival Novo Nordisk, the company has also licensed three long-acting diabetes programmes from Hanmi Pharmaceutical for €400 M (US$437 M) upfront and sotagliflozin from Lexicon Pharmaceuticals for US$300 M upfront.

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