Sanofi to acquire rights to develop, commercialize aficamten

Sanofi scoops up China rights to Cytokinetics’ heart disease med ahead of approval decision
As Cytokinetics’ aficamten awaits approval decisions from regulators in the U.S. and China, Sanofi has picked up China rights to the cardiovascular candidate. | As Cytokinetics’ aficamten awaits approval decisions from regulators in the U.
Cytokinetics Announces Sanofi Acquired Rights to Develop and Commercialize Aficamten in Greater China
SOUTH SAN FRANCISCO, Calif., Dec. 20, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: CYTK) today announced that Sanofi will acquire exclusive rights to develop and commercialize aficamten from Corxel Pharmaceuticals (CORXEL) for the treatment of patients with obstructive and non-obstructive hypertrophic cardiomyopathy (HCM) in Greater China.
Sanofi To Buy Rights To Develop Cytokinetics' Aficamten In Greater China From Corxel
Cytokinetics, Inc.(CYTK), a late-stage, specialty cardiovascular biopharmaceutical company, Friday announced that French drug major
Cytokinetics stock rises on Sanofi's rights acquisition
Incorporated (NASDAQ:CYTK) climbed 4.8% after the company announced that Sanofi (EPA:SASY) (NASDAQ:SNY) will acquire exclusive rights to develop and commercialize aficamten in Greater China, a move that underscores the drug's potential in treating hypertrophic cardiomyopathy (HCM).
Sanofi to buy China rights to Cytokinetics lead asset
Cytokinetics (NASDAQ:CYTK) announced Friday that Sanofi (NASDAQ:SNY) would buy exclusive rights to its lead candidate, aficamten, in Greater China from its partner, Corxel Pharmaceuticals. The company didn’t disclose the financial terms of the agreement between but said it remains on track to receive up to $150M in milestone payments and low-to-high teens on aficamten sales from the French drugmaker.
Sanofi to acquire rights to develop, commercialize aficamten from Corxel
Cytokinetics (CYTK) announced that Sanofi (SNY) will acquire exclusive rights to develop and commercialize aficamten from Corxel
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Using the 2 Stage Free Cash Flow to Equity, Cytokinetics fair value estimate is US$48.61 With US$46.36 share price, Cytokinetics appears to be trading close to its estimated fair value The US$80. ...