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Agios to Receive $1.1B Following FDA Approval of Vorasidenib

To receive $905 million payment from Royalty Pharma and $200 million payment from Servier in 3Q24.

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By: Kristin Brooks

Managing Editor, Contract Pharma

Agios Pharmaceuticals, Inc., a company working in cellular metabolism and pyruvate kinase (PK) activation pioneering therapies for rare diseases, will receive $1.1 billion in milestone payments following the U.S. FDA approval of vorasidenib for Grade 2 astrocytoma or oligodendroglioma with a susceptible IDH1 or IDH2 mutation following surgery, including biopsy, sub-total resection or gross total resection.    The payments include $905 million from Royalty Pharma in connection with the voraside...

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