South Korea's Yuhan Corp. and Boehringer Ingelheim GmbH have inked a collaboration and license agreement for the global development of a first-in-class GLP-1/FGF21 dual agonist for the treatment of non-alcoholic steatohepatitis (NASH) and related liver diseases, in a deal worth as much as $870m, including $40m in upfront and near-term payments, plus royalties.
The worldwide deal, excluding South Korea, marks the second NASH license-out deal for Yuhan following that with Gilead Sciences Inc. in January, validating its competitiveness in the therapy space and reflecting the strong global interest in the yet unconquered area
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?