Deal Watch: BridgeBio To Launch New Subsidiary Around Rare Disease Candidate Obtained From Alexion

Sanofi completes the transition of its infectious disease unit to Evotec. Perhaps not yet done with virology, Gilead licenses technology for HIV/hep B vaccines from Hookipa.

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Scrip regularly covers business development and deal-making in the biopharmaceutical industry. Below is a roundup of some of the most noteworthy recent transactions. Deal Watch is supported by deal intelligence from Strategic Transactions.

Employing a hub-and-spoke model to launch biotechs focused on monogenetic disorders, BridgeBio Pharma unveiled a new subsidiary, Origin Biosciences, on June 11 to develop a small molecule candidate licensed...

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Lilly To Diversify Pain Pipeline With SiteOne Acquisition

 
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Plus the end of Sanofi’s six-target alliance with IGM, OmniAb’s deals with Veraxa and Angelini, alliances involving Skye/Arecor, Genprex/UTHealth Houston and more.

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The royalty revenue stream acquirer has around 40 products in its portfolio and expects to generate roughly $3bn this year. Head of R&D and investments Marshall Urist talked about the investment strategy at the RBC Healthcare Conference.

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Roivant Staying ‘Patient’ On Deals, Leaving Investors Waiting

 

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