BridgeBio, Kyowa Kirin Ink Partnership With An Upfront Payment Of $100M For Exclusive License On Infigratinib In Skeletal Dysplasias In Japan
Author: Benzinga Newsdesk | February 07, 2024 08:37am
BridgeBio's affiliate, QED Therapeutics, grants Kyowa Kirin an exclusive license to develop and commercialize infigratinib for achondroplasia, hypochondroplasia, and other skeletal dysplasias in Japan. In exchange, BridgeBio will receive an upfront payment of USD 100 million as well as royalties up to the high-twenties percent on sales of infigratinib in Japan, with the potential for additional milestone-based payments.
Posted In: BBIO