Sionna Therapeutics expands pipeline via AbbVie deal
Boston, USA-based Sionna Therapeutics today announced it has acquired exclusive worldwide rights to develop and commercialize multiple clinical-stage compounds through a license agreement with pharma major AbbVie (NYSE: ABBV).
Sionna is a clinical-stage life sciences company dedicated to developing highly effective and differentiated treatments for cystic fibrosis (CF), which was founded in 2019 with $111 million Series B financing.
Under the deal with AbbVie, Sionna will assume all development responsibilities for galicaftor (ABBV-2222), a transmembrane domain 1 (TMD1)-directed cystic fibrosis transmembrane conductance regulator (CFTR) corrector, and navocaftor (ABBV-3067), a CFTR potentiator, both of which have completed Phase II studies, and a Phase 1 TMD1-directed corrector, ABBV-2851.
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