Firms test new use for enzyme technology

2 July 2020

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A licensing deal with Sarepta Therapeutics (Nasdaq: SRPT) could be worth over $400 million to Lund-based enzyme specialist Hansa Biopharma (STO: HNSA).

The Swedish firm, which is working on immunomodulatory enzyme technology for rare IgG mediated diseases, will receive $10 million upfront and up to $397 million in milestones should all go well.

Sarepta will receive an exclusive, global license to develop and promote Idefirix (imlifidase) as a pre-treatment to enable Sarepta gene therapy in Duchenne muscular dystrophy (DMD) and Limb-girdle muscular dystrophy (LGMD).

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