Boehringer Ingelheim, Kyowa Kirin enter into license agreement to develop fibro-inflammatory diseases treatment
Written By : Ruchika Sharma
Medically Reviewed By : Dr. Kamal Kant Kohli
Published On 2024-01-07 08:00 GMT | Update On 2024-03-27 07:05 GMT
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Ingelheim: Boehringer Ingelheim and Kyowa Kirin Co., Ltd. have announced that they have entered into a license agreement to develop a novel, first-in-class treatment for fibro-inflammatory diseases.
Under the terms of the agreement, Boehringer Ingelheim will receive exclusive, worldwide rights from Kyowa Kirin to develop novel, first-in-class treatments for fibro-inflammatory diseases. Kyowa Kirin is eligible to receive up to EUR 410 million comprising of an upfront payment, success-based development, regulatory, and commercial milestone payments, in addition to royalties on sales.
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