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Allergan Acquires TARIS Biomedical’s Lead Program

LiRIS candidate in Phase II development for cystitis, bladder pain

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By: Kristin Brooks

Managing Editor, Contract Pharma

Allergan has acquired worldwide rights to TARIS Biomedical’s lead program, LiRIS, currently in Phase II development for the treatment of interstitial cystitis / bladder pain syndrome (IC/BPS), for $67.5 million in cash. Allergan will also pay as much as $295 million in development milestones, and as much as $225 million in commercial milestones.   TARIS previously spun out certain assets, including pipeline programs and intellectual property related to TARIS’ platform technology, to a new compan...

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