Sun Pharmaceutical Industries Ltd. said late July 27 that it had entered into a licensing pact with Almirall SA on the development and commercialization of tildrakizumab for psoriasis in Europe. Sun had previously acquired worldwide rights to the antibody from Merck & Co. Inc.
Sun Builds On Tildrakizumab Hopes With Almirall Pact
Sun Pharma has struck a licensing deal with Almirall for its late-stage psoriasis asset tildrakizumab, building on its recent clinical advancement and raising hopes of significant upsides for the Indian firm. The IL-23p19 inhibitor also adds to Almirall's broad derma portfolio amid the Spanish firm's acquisitive interest in the space.
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