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Cangene To Acquire Hemophilia Assets

Will gain IB1001 and other assets from Ipsen, Inspiration

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Cangene Corp. has entered an agreement to acquire investigational hemophilia compound IB1001 and certain other assets from Ipsen and Inspiration Biopharmaceuticals, in connection with Inspiration’s bankruptcy proceedings. The transaction is expected to close mid-February and is subject to bankruptcy court approval and customary closing conditions. Cangene will pay approximately $5.9 million upfront, as well as royalties on sales and additional payments for certain sales milestones.   IB100...

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