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Sanofi Challenges J&J’s Darzalex With Blackstone Pact For SC Sarclisa

Could Receive €300m From Private Equity Firm

 
• By Ayisha Sharma

The French major has entered a risk-sharing collaboration with Blackstone focused on a new formulation of multiple myeloma drug Sarclisa, which could help it take on market leader Darzalex.  

The Competition Could Heat Up For Market Leader Darzalex • Source: Alamy

Sanofi could get up to €300m ($329.5m) from Blackstone Life Sciences to advance a subcutaneous formulation of Sarclisa in the hopes of measuring up to Johnson & Johnson andvGenmab A/S’s formidable competitor Darzalex.

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Genentech To Try Repertoire’s Immune Synapse Technology In Autoimmune Disease

 
• By Joseph Haas

Deal snapshot: The Flagship portfolio firm will use its Decode platform to seek novel targets for an unspecified autoimmune disease, with Genentech holding license rights.

Veraxa Takes SPAC Route To Develop Bispecific ADCs and T-Cell Engagers

 
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The Swiss biotech firm could go public on the NASDAQ later this year, and points to other preclinical dealmaking in the space to back its strategy.

In Brief: DIOSynVax And ACM Biolabs To Develop Bird Flu Vaccine

 
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Asia Deal Watch: Daiichi Taps Into Wayfinder’s RNA-Encoding Platform

 
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More from Business

In Brief: DIOSynVax And ACM Biolabs To Develop Bird Flu Vaccine

 
• By Sushmita Panda

The collaboration, supported by UK and Singapore government agencies, aims to develop an mRNA-based, needle-free universal bird flu vaccine suitable for use in a pandemic.

Europe Pharma Heavyweights Call For Higher Drug Prices At Home

 
• By Kevin Grogan

Sanofi's Paul Hudson and Novartis's Vas Narasimhan claim that while Europe is home to some of the most important biopharma companies in the world, its position is in jeopardy.

MetaVia’s ‘Safe’ Obesity Drug Resonates With Analysts, But Not Investors

 
• By Joseph Haas

The biotech reported Phase I multiple-ascending dose data for its obesity drug for the second time in a week, but its safety and tolerability do not offset concerns about relatively unimpressive weight reduction.