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Baxter Acquires Hemophilia Assets from Archemix

Baxter has entered into a definitive agreement to acquire all of the hemophilia-related assets of Archemix, a privately-held biopharmaceutical company.

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Baxter has entered into a definitive agreement to acquire all of the hemophilia-related assets of Archemix, a privately-held biopharmaceutical company. The two companies have also entered into an exclusive license agreement for certain related assets. Archemix’s lead product ARC19499, is a synthetic, subcutaneously-administered hemophilia therapy currently in a Phase I trial. ARC19499 works by blocking Tissue Factor Pathway Inhibitor (TFPI) activity to increase and improve blood clotting, pot...

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