Avila Therapeutics and Sanofi-aventis have signed a global discovery agreement to discover targeted covalent drugs for the treatment of cancers.
Under the alliance agreement Sanofi-aventis has obtained a worldwide exclusive licence to develop and commercialise compounds resulting from the discovery collaboration.
Go deeper with GlobalData
As part of the alliance, Sanofi-aventis will work together with Avila to design targeted covalent drugs directed towards six signalling proteins, critical in tumour cells but traditionally very hard to approach.
For the selected targets Sanofi-aventis will have access to Avila’s proprietary Avilomics platform, which offers a unique approach to protein silencing.
Avila has the opportunity to retain the rights to one of the six collaboration programmes after the end of the initial three-year collaboration term.
Avila will receive up to $40m in upfront and research support payments, and is eligible to receive preclinical, clinical and regulatory milestone payments up to $154m per collaboration programme pending approval in the US, Europe and Japan.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataAvila may also receive staged royalties and commercial milestones on product sales in each of the programmes advanced by Sanofi-aventis.
