Inventiva inks deal for lanifibranor in Japan and Korea
French biopharma company Inventiva (Euronext Paris and Nasdaq: IVA) saw its US traded shares jump 11.1% to $4.19 yesterday, after it announced a deal with Japan-based Hepalys Pharma, a company incubated by Catalys Pacific.
The companies have entered into an exclusive licensing agreement to develop and commercialize Inventiva’s proprietary drug candidate lanifibranor for the treatment of non-alcoholic steatohepatitis (NASH) in Japan and South Korea.
In parallel of the incorporation of Hepalys, Inventiva has exercised its right to own 30% of the company.
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