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Gilead and Leo Pact Adds Fuel To Hot STAT6 Inflammation Space

 
• By Kevin Grogan

The US biotech is paying $250m upfront to the Danish group in what is the second STAT6 deal secured in the past three weeks.

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STAT6 Pact Looks A Roaring Good Deal For Leo • Source: Leo Pharma

Gilead Sciences' acquisition of Leo Pharma’s signal transducer and activator of transcription 6 (STAT6) program is not just a major boost for the Danish group’s finances but also a nod to the growing interest in that particular target for autoimmune and allergic diseases.

A few hours before the J.P. Morgan Healthcare Conference kicked off in San Francisco, Gilead announced that it was paying $250m upfront and up to $1.7bn in total to buy...

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