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IN VIVO’s Deals Of The Month: January 2016

 
• By Nancy Dvorin

IN VIVO’s editors pick January's top alliance, financing and M&A deals (free with registration).

Stealthy start-up Receptor Life Sciences Inc. has licensed MannKind Corp.'s Technosphere dry powder delivery platform to develop inhaled formulations of undisclosed Receptor candidates. [See Deal] The companies will work together on clinical development, with MannKind in charge of initial formulation studies and Receptor handling development costs as well as manufacturing and commercialization. MannKind, which is strapped for cash following the demise of its SanofiAfrezza marketing deal, could receive up to $102.25 million in development and commercialization milestones, plus royalties.

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