Licensing deals: Debiopharm/Novartis; Teva/Active Biotech; Qiagen on biomarker; Merck & Co/AnaptysBio; and Novavax/ROVI accord dropped
Switzerland's Debiopharm Group has granted an exclusive, worldwide (excluding Japan) licence to Swiss drug major Novartis for the development, manufacture and commercialization of Debio 025 (alisporivir), a selective, first-in-class cyclophilin (Cyp) inhibitor with a potent anti-hepatitis C virus (HCV) effect. The product is currently in Phase IIb clinical development for the treatment of hepatitis C.
Under the terms of the agreement, Novartis will pay Debiopharm an upfront, development and sales milestones as well as royalties. This transaction, further financial details of which were not disclosed, is subject to customary regulatory approvals.
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