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Advances IONIS-AZ6-2.5-LRx into development
April 9, 2018
By: Kristin Brooks
Managing Editor, Contract Pharma
Ionis Pharmaceuticals, Inc. has licensed IONIS-AZ6-2.5-LRx, or AZD2693, to AstraZeneca following its advancement into development. IONIS-AZ6-2.5-LRx is designed to inhibit an undisclosed target to treat patients with nonalcoholic steatohepatitis (NASH). In conjunction with this milestone, AstraZeneca will pay a $30 million license fee to Ionis and will be responsible for further development and commercialization. Ionis is also eligible to receive as much as $300 million in additional development...
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