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Becomes second drug to enter development under strategic collaboration with AstraZeneca
February 20, 2018
By: Kristin Brooks
Managing Editor, Contract Pharma
Ionis Pharmaceuticals has licensed its Generation 2.5 IONIS-AZ5-2.5 to AstraZeneca. IONIS-AZ5-2.5 is an antisense drug designed to inhibit an undisclosed target to treat a genetically associated form of kidney disease. AstraZeneca will be responsible for developing and commercializing IONIS-AZ5-2.5. Ionis will receive $30 million upfront and is eligible to receive as much as $300 million in additional development and regulatory milestones, as well as royalties on sales. “This is th...
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