First Wave Rises With Sanofi GI Deal

15 Sep 2023

First Wave is licensing Sanofi’s 5-HT4 receptor partial agonist capeserod and is having to pay a mere $500,000 in upfront fees for the privilege.

First Wave BioPharma, Inc. has had to navigate some choppy waters in the past few months but the US firm has pulled off something of a coup by bagging the rights to an old Sanofi compound for peanuts.

Key Takeaways

Sanofi studied capeserod for neurological disorders almost 20 years ago

The drug in question is capeserod, a selective 5-HT4 receptor partial agonist which Sanofi originally evaluated almost a couple of...

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