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BMS Acquires iPierian

Gains lead preclinical asset for neurodegenerative diseases

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By: Kristin Brooks

Managing Editor, Contract Pharma

Bristol-Myers Squibb has acquired iPierian, a privately held biopharma company, for $175 million, with the potential for additional development and regulatory milestones totaling $550 million, as well as future royalties on sales.   iPierian focuses on developing treatments for Tauopathies, a class of neurodegenerative diseases associated with the Tau protein in the human brain. With the acquisition, BMS gains full rights to iPierian’s lead asset IPN007, a monoclonal antibody with a promising ne...

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