China-based ZAI Lab has obtained global rights for two novel compounds from French pharma major Sanofi (Euronext: SAN), both of which are potential treatments for chronic respiratory diseases, reports ChinaBio Today.
ZAI’s newly in-licensed compounds have completed their preclinical development. ZAI will be responsible for all further development costs, while Sanofi will be paid milestones (development and approval), along with tiered royalties from global net sales. Further details were not disclosed. Sanofi was developing the drugs as treatments for chronic obstructive pulmonary disease (COPD), asthma and idiopathic pulmonary fibrosis (IPF).
Samantha Du, who founded the company and serves as chief executive, said in a statement: “ZAI Lab’s vision is to develop innovative medicines that can treat patients with serious medical conditions including chronic respiratory diseases. Chronic respiratory diseases such as COPD and asthma are becoming a leading cause of morbidity and mortality in China with no effective treatments. By working with Sanofi, ZAI Lab intends to initiate the development activities to bring effective therapies to patients globally.”
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze