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OSE Immunotherapeutics And Servier Join Forces In Auto-Immune Field

 
• By Lubna Ahmed and Sten Stovall

French groups OSE Immunotherapeutics and Servier have inked a pact to develop and commercialize the newly formed biotech's interleukin-7 antagonist in ulcerative colitis.

OSE Immunotherapeutics SA and France's second largest drug maker Servier SA have agreed to develop and commercialize the biotech's IL-7 antagonist Effi-7 in ulcerative colitis in a deal that could be worth up to €272m to the newly formed group.

The pact, announced Dec. 28, will see privately owned Servier pay OSE Immunotherapeutics €10.25m ($10.71m) for an option to license...

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