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Vicore ASPIREs To Be Major IPF Player As Sanofi Jumps Onboard

 
• By Kevin Grogan

The Swedish company is well positioned, and well financed with a bit of help from the French major, to push its idiopathic pulmonary fibrosis hopeful buloxibutid closer to the regulatory finishing line.

Ahmed Mousa
Ahmed Mousa • Source: Vicore

Sweden's Vicore Pharma  can now boast Sanofi as a backer as it kicks off mid-stage trials of its idiopathic pulmonary fibrosis (IPF) candidate, buloxibutid.

The French drugmaker has committed to subscribe to the Stockholm-headquartered group's ongoing rights issue to buy shares worth approximately $10m. Vicore CEO Ahmed Mousa said: "We are delighted to welcome...

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