Sector News

Sanofi parts ways with Oxford BioMedica on hemophilia tie-up inked by Bioverativ

March 20, 2021
Life sciences

Just a few weeks after Sanofi agreed to purchase Bioverativ to gain a foothold in hemophilia, the smaller company struck a licensing deal with Oxford BioMedica to develop and manufacture lentiviral vectors for the disease.

That deal is no more. After ending a previous development deal with the U.K.-based company last year—and as its own phase 3 program in hemophilia moves forward—Sanofi is pulling out of its remaining Oxford BioMedica collaboration.

Oxford BioMedica on Friday said Sanofi had decided to terminate the viral vector deal, first struck in February 2018. Under the original pact, potentially worth more than $100 million, Oxford BioMedica licensed its LentiVector Enabled tech to Bioverativ and allowed its partner access to its manufacturing know-how.

Sanofi had inked its Bioverativ buyout the prior month—in January 2018—and the buyout closed in March 2018. Bioverativ is a 2017 spinoff from Biogen.

Meanwhile, Sanofi has its own promising hemophilia A and B candidate in fitusiran. The company says the late-stage drug candidate has the “potential to transform the treatment of hemophilia.” The drug scored an FDA fast track designation last month.

Aside from the hemophilia collaboration it’s ending, Sanofi more than a decade ago licensed two gene therapy candidates from Oxford BioMedica. Without plans to move forward on those programs, the pharma company last year returned them to their original owner.

Under CEO Paul Hudson’s new “play to win” strategy, Sanofi is prioritizing development on pipeline candidates with the potential to change medical practice. The company has identified meds in cancer, hemophilia and multiple sclerosis, among other diseases, that fit the description, the CEO has said.

Aside from Oxford BioMedica’s work in gene therapy and hemophilia, the company has also jumped into the COVID-19 response. The company has partnered to scale up vaccine production with AstraZeneca as that drugmaker works to deliver on its goal to deliver billions of doses.

by Eric Sagonowsky

Source: fiercepharma.com

comments closed

Related News

April 20, 2024

CureVac and MD Anderson Cancer Center partner to develop new cancer vaccines

Life sciences

CureVac and the University of Texas’s MD Anderson Cancer Center have announced a co-development and licensing agreement to develop novel messenger ribonucleic acid (mRNA)-based cancer vaccines. The strategic collaboration will focus on the development of differentiated cancer vaccine candidates in selected haematological and solid tumour indications with high unmet medical needs.

April 20, 2024

FUJIFILM plans $1.2 billion investment in major US manufacturing facility

Life sciences

FUJIFILM Corporation is planning to invest $1.2 billion to expand the planned FUJIFILM Diosynth Biotechnologies manufacturing facility in Holly Springs, North Carolina, US. This news follows the organisation’s announcement of a $2 billion investment in the facility in March 2021. This additional financial boost totals the investment to over $3.2 billion, FUJIFILM confirmed.

April 20, 2024

Sanofi cuts staff in Belgium as early-stage research dwindles

Life sciences

Sanofi’s global restructuring and downsizing is now fully underway, with layoffs stretching to the company’s Belgian offices. Belgian newspaper De Tijd reports that 67 employees have been laid off at a site in Ghent and 32 jobs are on the chopping block at Sanofi’s Belgium HQ in Diegem.

How can we help you?

We're easy to reach