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Flagship Inks Another Big Pharma Development Deal, This Time With GSK

Third Big Pharma Deal Since 2022

 
• By Alaric DeArment

The deal includes up to 10 medicines, with an initial focus on immunology and respiratory diseases, and is similar to one the VC firm made with Pfizer last year.

• Source: Shutterstock

Flagship Pioneering is adding to the list of large pharma partners for its portfolio of start-up companies, this time with a deal with GSK plc.

The Cambridge, MA-based venture capital firm and the London-based drug maker announced the deal on 29 July. Under the partnership, Flagship and GSK will identify up to 10 novel medicines and vaccines that GSK will have an exclusive option on for further clinical development, particularly in the areas of respiratory diseases and immunology

Key Takeaways

  • Flagship Pioneering and GSK announced a partnership focused on immunology and respiratory diseases.

  • Under the deal, the two will contribute $150m to support early preclinical development, while GSK will pay Flagship up to $720m in milestones

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