First Wave Rises With Sanofi GI Deal

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.

Sanofi
• Source: Sanofi

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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