Reiterating its commitment to dermatology, Almirall SA has entered a deal with US-based Dermira Inc. for the investigational anti-IL-13 monoclonal antibody lebrikizumab. The family-controlled Spanish group gets an option to exclusively license European rights to develop and commercialize lebrikizumab to treat atopic dermatitis, for which Dermira gets an upfront option fee of $30m.
If Almirall exercises its option to obtain the license - following receipt of data from an ongoing Phase IIb lebrikizumab study - Dermira will receive a $50m option exercise fee and be eligible for development, regulatory and sales
Read the full article – start your free trial today!
Join thousands of industry professionals who rely on Scrip for daily insights
- Start your 7-day free trial
- Explore trusted news, analysis, and insights
- Access comprehensive global coverage
- Enjoy instant access – no credit card required
Already a subscriber?