Biochemical Engineering

Sanofi spends $1.1B on Kymab buyout to bag midphase eczema drug

Sanofi spends $1.1B on Kymab buyout to bag midphase eczema drug

11th January 2021

Sanofi has struck a deal to buy Kymab for $1.1 billion upfront. The takeover will give Sanofi full global rights to an anti-OX40L monoclonal antibody that improved outcomes in atopic dermatitis patients in a midphase clinical trial last year. Source: Fierce Biotech 11/1/2021


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