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Regeneron to Acquire Decibel Therapeutics

Decibel’s lead investigational gene therapy DB-OTO is designed to provide hearing to people with otoferlin-related hearing loss.

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By: Kristin Brooks

Managing Editor, Contract Pharma

Regeneron Pharmaceuticals, Inc. has entered a definitive agreement to acquire Decibel Therapeutics, Inc., a clinical-stage biotechnology company dedicated to treatments to restore and improve hearing and balance, for a total equity value of approximately $109 million payable at closing, and a total of up to approximately $213 million if development and regulatory milestones are achieved.   Decibel and Regeneron established their initial collaboration in 2017, with an extension announced in 202...

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