Pharma Deals Review, Vol 2011, No 1 (2011)

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Sanofi-aventis Forms Covalent Drug Discovery Partnership with Avila Therapeutics in Oncology

Heather Cartwright

Abstract


Sanofi-aventis has signed a global strategic alliance with Avila Therapeutics that is worth more than US$800 M, including US$40 M upfront and as much as US$770 M in milestone payments. Sanofi-aventis will have access to Avila’s proprietary Avilomics™ platform that offers a unique approach to ‘protein silencing’. The companies will collaborate to discover targeted covalent drugs against six signalling proteins involved in cancer, with Sanofi-aventis gaining a worldwide exclusive licence to the compounds resulting from the collaboration. Avila has the option to retain rights to one of the six programmes after the initial 3-year term of the collaboration.



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