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Regeneron Partners NGF Antibody With Teva To Mitigate Risks

 
• By Jessica Merrill

Regeneron and Teva will partner on the development and commercialization of the late-stage nerve growth factor antibody fasinumab for pain in a deal that will help Regeneron fund a 10,000-patient safety database.

Film x-ray knee joint with arthritis
• Source: Puwadol Jaturawutthichai

Regeneron Pharmaceuticals Inc. has signed Teva Pharmaceutical Industries Ltd. as a partner for the nerve growth factor antibody fasinumab, a late-stage, but high-risk asset. The companies announced Sept. 20 that Teva will pay $250m upfront and share equally in the ongoing research and development costs of approximately $1bn in exchange for jointly commercializing fasinumab.

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