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Cryptic Terran Licences Advanced CNS Assets From Sanofi

Deal Value Under Wraps

 
• By Ayisha Sharma

The US biotech has nabbed a couple of Sanofi’s Phase III CNS candidates, its third deal of the year aimed at transforming the neuropsychiatry market. 

Terran Has Kept The Details Of Its Pipeline Under Lock And Key • Source: Alamy

Terran Biosciences will develop and commercialize two late-stage CNS candidates developed by Sanofi under a new deal as it aims to address unmet needs in the neuropsychiatry space.

While specific drugs were kept under wraps, Terran revealed the assets in question have generated four investigational new drug applications and more than 104 clinical studies involving at least 15,000...

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Eye drug is already in Phase III trials elsewhere, with results due in Q3. Nicox could earn up to a further €24.5m in milestones and royalties from Kowa alliance.