Breaking News, Collaborations & Alliances

Lilly, ImmuNext Enter Autoimmune Disease Collaboration

Tie-up could be worth up to $605 million

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Eli Lilly and ImmuNext have formed a global licensing and research collaboration focused on the study of a preclinical novel target that could lead to potential new medicines for autoimmune diseases by regulating immune cell metabolism.   ImmuNext will receive an upfront payment of $40 million, and is eligible to receive up to approximately $565 million in development and commercialization milestones, as well as tiered royalties ranging from the mid-single to low-double digits on product sales. ...

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