Boehringer Ingelheim Signs a License Agreement with Yuhan Corporation to Develop Dual Agonist for Nonalcoholic Steatohepatitis
Shots:
- Yuhan to receive $40M as upfront & near-term payment and up to $830M milestones and royalties on sales. BI focuses to develop NASH treatment targeting key drivers of the disease i.e, steatosis, inflammation and fibrosis
- The focus of the collaboration is to develop dual agonist combining GLP-1 and FGF21 activity in a single molecule for the treatment of NASH & other liver diseases and to expand BI’s NASH portfolio
- The dual agonist is a fusion protein utilizing the long-acting HyFc technology of Genexine, developed by Yuhan Corporation. Additionally, the collaboration of the companies is Korea’s first out-licensing of biologics targeting NASH
Click here to read full press release/ article | Ref: Boehringer Ingelheim | Image: MT Production