<code id='803934117F'></code><style id='803934117F'></style>
    • <acronym id='803934117F'></acronym>
      <center id='803934117F'><center id='803934117F'><tfoot id='803934117F'></tfoot></center><abbr id='803934117F'><dir id='803934117F'><tfoot id='803934117F'></tfoot><noframes id='803934117F'>

    • <optgroup id='803934117F'><strike id='803934117F'><sup id='803934117F'></sup></strike><code id='803934117F'></code></optgroup>
        1. <b id='803934117F'><label id='803934117F'><select id='803934117F'><dt id='803934117F'><span id='803934117F'></span></dt></select></label></b><u id='803934117F'></u>
          <i id='803934117F'><strike id='803934117F'><tt id='803934117F'><pre id='803934117F'></pre></tt></strike></i>

          00:00
          00:00 00:00 LIVE
          buffering
          Replay
          LIVE
          00:00 / 00:00
          LIVE
          CC
          Opacity :
          Share:
          Close

          explore

          author:knowledge    - browse:318
          Courtesy Sanofi

          LONDON — In a bid to expand its pipeline of inflammation-targeting drugs, Sanofi said Tuesday it was acquiring California-based Inhibrx in a deal worth up to $2.2 billion.

          The core of the deal is Inhibrx’s experimental therapy for AATD, a disease that progressively damages the lungs and liver. The medicine, INBRX-101, is designed to reduce inflammation and stave off further damage to the tissue. Inhibrx has completed Phase 1 testing of the drug and is enrolling patients in a Phase 2 trial.   

          advertisement

          Inhibrx’s other drug candidates, including its line of cancer-targeting immunotherapies, will be portioned out into a new company that will continue to be called Inhibrx. Mark Lappe, the founder and CEO of Inhibrx, will lead the spun-out company. 

          Get unlimited access to award-winning journalism and exclusive events.

          Subscribe Log In

          knowledge