Category: Licensing/Collaboration Deal Region: North America · United States Company: Astrazeneca Lp

AstraZeneca inks $760 mln deal with Swiss firm Neurimmune for antibody drug

AstraZeneca inks $760 mln deal with Swiss firm Neurimmune for antibody drug
ASTRAZENECA-NEURIMMUNE/ (URGENT, PIX)AstraZeneca inks $760 mln deal with Swiss firm Neurimmune for antibody drug AstraZeneca Plc said on Tuesday it had agreed with Swiss biotechnology firm Neurimmune to develop an antibody-based therapy for a rare, underdiagnosed condition that can lead to heart failure in a deal valued up to $760 million. AstraZeneca's rare diseases unit Alexion and Neurimmune will work on evaluating NI006, a monoclonal antibody for the treatment of transthyretin amyloid cardiomyopathy.

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