French pharma major Sanofi (Euronext: SAN) and its US partner Regeneron Pharmaceuticals (Nasdaq: REGN) have restructured their global Immuno-oncology discovery and development agreement for new immuno-oncology cancer treatments.
The 2015 Agreement was scheduled to end in around mid-2020, and this revision provides for ongoing collaborative development of two clinical-stage bispecific antibody programs. This provides Sanofi increased flexibility to advance its early-stage immuno-oncology pipeline independently while Regeneron retains all rights to its other immuno-oncology discovery and development programs.
Under the terms of the restructured agreement:
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