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.
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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.

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The latest in a long line of restructuring measures will see Sumitomo Pharma making a stepped sale of its pharma operations in Asia to major Japanese trading house Marubeni.