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Deals In Depth: September 2022

 
• By Maureen Riordan and Deanna Kamienski

Just one $1bn+ alliance was penned in September compared to eight that were signed in August.  

Deals In Depth

In September, Sanofi received non-exclusive rights to use Scribe Therapeutics, Inc.’s proprietary CRISPR genome editing technologies and platform of wholly owned enzymes to create ex vivo natural killer cell therapies for cancer. Under the terms of the agreement, Scribe received a $25m up-front payment and is eligible to receive more than $1bn in payments based on development and commercial milestones, as well as tiered royalties on net future sales on any resulting products. (Also see "Sanofi ThiNKs Scribe’s CRISPR Approach Can Advance Its NK Cell Therapy Goals" - Scrip, 27 September, 2022.)

In the top September M&A by deal value, Novo Nordisk A/S entered into an agreement to acquire Forma...

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