Sarepta Therapeutics Inc. will pay BioMarin Pharmaceutical Inc. $35m up front, certain milestone fees and single-digit royalties in a patent settlement and license agreement related to exon-skipping therapies for Duchenne muscular dystrophy (DMD), reducing Sarepta's risk related to Exondys 51 (eteplirsen) and its other DMD product candidates, especially in ex-US markets.
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