Sanofi and Teva's Collaboration Ignites Competition in IBD Drug Market
TL;DR
Sanofi has secured a deal worth up to $1.5 billion with Teva for the development and launch of Teva's anti-TL1A antibody. Teva will receive an upfront payment of $500 million and up to $1 billion in development and launch milestones. This deal adds fuel to the competition against Merck and Roivant, who are also developing anti-TL1A treatments.
- Updated: Sanofi's $1.5B pact with Teva in IBD adds fuel to anti-TL1A race against Merck, Roivant and Pfizer Endpoints News
- Sanofi pays Teva $500M to join red-hot bowel disease race FierceBiotech
- Teva hopes Sanofi collaboration will lead to blockbuster IBD drug Reuters
- Teva teams with Sanofi on inflammatory bowel treatment Globes
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