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BioVersys signs exclusive license option agreement with Shionogi for ansamycin development.
Jul 02, 2025•12 months ago
Contract Type
agreement
BaselBiotechnologyPharmaceuticalresearch
Description
BioVersys has entered into a research and exclusive license option agreement with Shionogi to develop novel ansamycin leads from its BV500 program. The agreement includes an upfront payment of $6.25 million and potential future milestones of up to 479 million francs.
Company Information
Company
BioVersys
Location
60C Hochbergerstrasse
Basel, Basel-City, Switzerland
About
BioVersys is a Swiss biopharmaceutical company focused on developing innovative treatments for antibiotic-resistant infections. The company specializes in the development of novel drugs to combat serious infectious diseases. Their BV500 program aims to advance new drug candidates into clinical trials.