Kezar and Everest agree autoimmune disease partnership

21 September 2023

A new collaboration will see Californian biotech Kezar Life Sciences (Nasdaq: KZR) and China’s Everest Medicines (HKEX: 1952) working together on an immunoproteasome blocker, zetomipzomib.

The first-in-class therapy is believed to have broad therapeutic potential across multiple autoimmune diseases.

Kezar will receive an initial payment, plus development milestones, with a total deal value of about $130 million. Everest will also pay royalties on sales.

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