By Barbara Obstoj-Cardwell. Editor
Licensing deals featured prominently in last week’s news, starting with Biogen last Tuesday saying it has exercised an option for rights to Ionis Pharmaceuticals’ BIIB115/ION306 for spinal muscular atrophy. Then US biotech giant Amgen inked an up to $1.9 billion agreement with machine learning start-up Generate Biomedicines to create new protein therapeutics. Also, US RNAi specialist Alnylam Pharmaceuticals signed a research collaboration with Swiss giant Novartis on therapies to restore liver function. And UK-based AstraZeneca signed a deal with Neurimmune for its rare disease candidate NI006 that could cost as much as $760 million.
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