Sobi pays $6 million to extend Bioverativ collaboration

16 February 2017

Stockholm-based biotech firm Swedish Orphan Biovitrum (STO: SOBI) has added rFIXFc-XTEN to its collaboration agreement with Bioverativ (Nasdaq: BIVV).

The product candidate is an extended half-life factor being investigated for once-weekly, subcutaneous treatment of hemophilia B.

Under the terms of the agreement, Sobi is at this stage required to make a one-time payment of approximately $6.2 million to Bioverativ.

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