The US subsidiary of French pharma Servier has only been in existence for a touch under three years, but it hasn’t wasted a second — snapping up collaboration agreements and other deals that have propelled the company toward its main goal of becoming a major player in the oncological therapeutics industry.
PARIS, France and BOSTON, Mass., December 21st, 2020 – Servier, a global pharmaceutical company, today announced that it has entered into an agreement for the acquisition of Agios Pharmaceuticals’ oncology business including its commercial, clinical and research-stage oncology portfolio for up to $2 billion, including an upfront payment of $1.8 billion and a potential $200 million in regulatory milestone, plus royalties. The transaction has been approved by both companies’ respective boards of directors. Subject to receipt of regulatory clearances and approval by Agios’ shareholders, the acquisition is expected to close in Q2 2021.
PARIS, France and BOSTON, Mass., December 21st, 2020 – Servier, a global pharmaceutical company, today announced that it has entered into an agreement for the acquisition of Agios Pharmaceuticals’ oncology business including its commercial, clinical and research-stage oncology portfolio for up to $2 billion, including an upfront payment of $1.8 billion and a potential $200 million in regulatory milestone, plus royalties. The transaction has been approved by both companies’ respective boards of directors. Subject to receipt of regulatory clearances and approval by Agios’ shareholders, the acquisition is expected to close in Q2 2021.
BOSTON, SAN FRANCISCO, and PARIS, Sept. 24, 2020 /PRNewswire/ -- Servier, an independent international pharmaceutical company, has awarded the 2020 Servier Golden Ticket at MBC BioLabs to Telo Therapeutics, a biotechnology company focusing on working on solutions to treat TERT promoter (TERTp) mutant cancers. The award will help Telo Therapeutics advance the company's effort in developing two preclinical programs targeting the TERTp mutated pathway in oncology.
In March 2019, Servier and Oncodesign entered into a research and development partnership involving the LRRK2 kinase inhibitors derived from Oncodesign’s proprietary Nanocyclix® platform, and their potential to act as therapeutic agents against Parkinson’s disease. The partnership drew on the complementary expertise of Servier and Oncodesign in the fields of neurodegenerative diseases and macrocyclic kinase inhibitors.
Servier and its partner Taiho Pharmaceutical Co., Ltd announced today that the European Commission (EC) has approved the use of LONSURF® (trifluridine/tipiracil) as monotherapy for the treatment of adult patients with metastatic gastric cancer including adenocarcinoma of the gastroesophageal junction, who have been previously treated with at least two prior systemic treatment regimens for advanced disease.
The FDA has given the go-ahead to start a phase I trial of UCART19 in the same patient population, and Servier says the CALM study will now be expanded to include several centres in the US, including the MD Anderson Cancer Center in Texas.
OSE Immunotherapeutics has tapped Servier to develop and commercialize its interleukin-7 antagonist targeting autoimmune disease. OSE stands to earn up to €272 million ($283 million) under the worldwide license option agreement, which will see Servier handing over €10.25 million ($10.7 million) up front.
Minerva Neurosciences, Inc. (NASDAQ:NERV), a clinical-stage biopharmaceutical company focused on the development of therapies to treat central nervous system (CNS) disorders, today announced the appointment of Michael Davidson, M.D., as chief medical officer effective December 19, 2016. His responsibilities will include the strategic development and clinical advancement of the Company’s products, which target schizophrenia (MIN-101), insomnia (MIN-202), major depressive disorder (MIN-117) and Parkinson’s disease (MIN-301).
Daiichi Sankyo Co., Limited has entered into an agreement with Servier Canada (Laval, Quebec) whereby Servier Canada will market the oral, once-daily anti-coagulant edoxaban in Canada, if approved by the Canadian health authority.