UCB reveals Roche deal on bepranemab terminated
UCB (Euronext: UCB) today announced that the company has regained all global rights to bepranemab following termination of a collaboration agreement with Swiss pharma giant Roche (ROG: SIX) and its US subsidiary Genentech.
UCB, Belgium’s largest drugmaker, saw its shares fall more than 2% to 170.20 euros on the news.
In July 2020, UCB entered a worldwide, exclusive license agreement with Roche and Genentech, for the global development, manufacturing, and commercialization of bepranemab in Alzheimer’s disease.
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