Sobi purchases rights to Novimmune's inflammation therapy
Swedish Orphan Biovitrum (Sobi) (STO: SOBI) announced on Friday that it had reached an exclusive licensing deal with Novimmune for rights to emapalumab.
The therapy, an orphan candidate for the treatment of primary hemophagocytic lymphohistiocytosis, will be licensed to the Swedish rare disease specialists in perpetuity.
"We believe this transaction is an excellent fit for Sobi and consistent with our strategy of expanding our commercial specialty care portfolio, strengthening our geographic footprint, particularly in the US, and building our R&D pipeline,” said Guido Oelkers, president and chief executive of Sobi.
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