Entera and Amgen to work together on oral biologics

11 December 2018

Israeli oral biologic specialist Entera Bio (Nasdaq: ENTX) has agreed terms with US-based Amgen (Nasdaq: AMGN) for a research collaboration in inflammatory disease and other serious illnesses.

Entera will use its proprietary drug delivery platform to develop oral formulations for one pre-clinical large molecule program that Amgen has selected.

Amgen has an option to select up to two additional programs to include in the collaboration, and will make up to $270 million in aggregate payments, as well as tiered royalties up to mid-single digits on future sales.

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