Who:AbbVie Inc.. and DJS Antibodies
AbbVie Gains New Immunology Antibody Platform With DJS Buy
Deal Snapshot: AbbVie will acquire the privately-held UK antibody developer with preclinical assets.
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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.
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The obesity market leader has unveiled its second deal in days, paying $75m upfront for a potential first-in-class ACSL5 inhibitor, while the deal also provides some respite for Lexicon.
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With new Phase II data, Edgewise asserted that EDG-7500, a sarcomere modulator, could offer better efficacy and safety than cardiac myosin inhibitors in hypertrophic cardiomyopathy.