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Halozyme Lands Largest Enhanze Deal To Date With Bristol

 
• By Mandy Jackson

Bristol will pay $105m up front and as much as $1.76bn in milestone fees to use the Enhanze technology in drugs against up to 11 immuno-oncology targets. Also, Roche will pay up to $190m to add a target to an existing partnership.

Business partners hands on top of each other symbolizing companionship

Halozyme Therapeutics Inc. told investors that it expected to sign one new deal before the end of 2017 for the use of its Enhanze drug delivery technology and the company followed through on that promise with its largest transaction to date: a deal with Bristol-Myers Squibb Co.worth up to $1.87bn.

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