{"id":19066,"date":"2024-12-20T16:29:33","date_gmt":"2024-12-20T08:29:33","guid":{"rendered":"https:\/\/flcube.com\/?p=19066"},"modified":"2025-02-04T13:00:23","modified_gmt":"2025-02-04T05:00:23","slug":"bioarctic-ab-secures-global-rights-to-pyroglu-a%ce%b2-antibody-program-in-bms-deal","status":"publish","type":"post","link":"https:\/\/flcube.com\/?p=19066","title":{"rendered":"BioArctic AB Secures Global Rights to PyroGlu-A\u03b2 Antibody Program in BMS Deal"},"content":{"rendered":"\n

Sweden-based BioArctic AB (OTCMKTS: BRCTF<\/a>) has announced a significant licensing agreement with US pharmaceutical giant Bristol-Myers Squibb (BMS, NYSE: BMY<\/a>). The deal grants BMS global exclusive development and commercialization rights to BioArctic’s PyroGlutamate-amyloid (PyroGlu-A\u03b2) antibody program, which includes BAN1503 and BAN2803. Under the agreement, BioArctic retains the option to co-commercialize the products in the Nordic region.<\/p>\n\n\n\n

Financial Terms and Potential Milestone Payments<\/strong>
As per the deal terms, BioArctic will receive an upfront payment of USD 100 million and is eligible for up to USD 1.25 billion in milestone payments, alongside tiered low double-digit royalties on global product sales. This financial arrangement underscores the value and potential of BioArctic’s PyroGlu-A\u03b2 antibody program.<\/p>\n\n\n\n

BAN1503 and BAN2803: Innovative Approaches to Enhancing Antibody Delivery<\/strong>
BAN1503 is a PyroGlu-A\u03b2 antibody, while BAN2803, also targeting PyroGlu-A \u03b2, leverages BioArctic’s BrainTransporter technology to enhance antibody delivery across the blood-brain barrier. This partnership marks BioArctic’s first licensing deal involving its proprietary technology, indicating a significant step forward in the development and commercialization of these innovative therapies.-Fineline Info & Tech<\/a><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

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