Idorsia Asset Sell Off Continues But Future Still Up In The Air

A new outlicensing deal with Viatris will keep it afloat for now but Idorsia needs more time, money and R&D success to secure its long-term future.

Crisis-hit Idorsia has sold off two Phase III assets for $350m upfront to Viatris but will need more deals to buy itself more time.

The Swiss specialist pharma company has been in crisis mode for the last 12 months, thanks to a string of pipeline setbacks, the disappointing launch for its insomnia

Key Takeaways

The Viatris deal has come in the nick of time: Idorsia was due to run out of cash by the end of March
Analysts at Jefferies expect the new funding to only tide it over until November – so more cash is still needed
Idorsia

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