Category: Licensing/Collaboration Deal Region: North America · United States Company: Novartis Consumer Health Inc

Novartis Brings On First Tigit Drug In Massive Billion-Dollar Biobucks Deal With Beigene

Novartis Brings On First Tigit Drug In Massive Billion-Dollar Biobucks Deal With Beigene
After Watching Gilead Sciences And Roche Dive Deeper Into Tigit Immunotherapies, Novartis Is Heading Straight For The Senior Class. The Swiss Pharma Is Getting In On The Game Via A Blockbuster Deal With Beigene, Which Could Ultimately Net $1 Billion For A Late-Stage Asset.Novartis Will Pay $300 Million Upfront And Could Shell Out Up To $700 Million Down The Line In Milestones For The Tigit Inhibitor Ociperlimab If An Option Is Exercised Before 2023, According To A Monday Statement. This Is Novartis

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