MyoKardia Frames End Of Sanofi Partnership As A Bet On Itself

Biotech regains full rights to a pair of targeted therapies for heart diseases, but will bear full development costs. MyoKardia says the agreement with Sanofi ended due to differences over commercial rights, not concerns about trial data.

3d rendering Human Heart

When an R&D collaboration between a big pharma and a smaller firm dissolves, the common view is that the larger, more established entity lost confidence in the partnership. US biotech MyoKardia Inc.claimed Jan. 2 that the end of its four-year tie-up with Sanofi around drug candidates for rare genetic heart diseases is different, and that it wanted to regain full rights to its Phase III mavacamten and Phase II MYK-491.

The French pharma notified MyoKardia earlier in the week that it would exit a partnership signed in 2014, but the reason for the termination was not doubt around efficacy or safety of the two drug candidates, MyoKardia CEO Tassos Gianakakos told a Jan. 2 investor call

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