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Promethera will now have control over Baliopharm’s entire antibody development programs
April 10, 2018
By: Betsy Louda
Promethera Biosciences has acquired Baliopharm AG. The transaction adds to Promethera’s pipeline with an innovative antibody-based drug candidate that specifically binds to the tumor necrosis factor receptor 1 (TNF-R1). Combining this novel therapeutic strategy with Promethera’s unique liver cell-based therapies could provide improved treatment option for patients suffering from Nonalcoholic steatohepatitis (NASH) and potentially other severe liver diseases. Financial details of the tr...
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