Bayer to commercialize BridgeBio’s acoramidis for ATTR-CM in Europe

4 March 2024

California’s BridgeBio Pharma (Nasdaq: BBIO) and German life sciences company Bayer (BAYN: DE) have announced a collaboration.

The deal will see BridgeBio grant Bayer an exclusive license to commercialize acoramidis for transthyretin amyloid cardiomyopathy (ATTR-CM) in Europe.

"This partnership leverages Bayer’s established European cardiovascular infrastructure"In exchange, BridgeBio will receive up to $310 million comprising of upfront and near-term milestone payments, as well as additional undisclosed sales milestones.

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