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Zenas BioPharma Secures License Agreement with InnoCare Pharma for Autoimmune Product Candidates Including Orelabrutinib for Multiple Sclerosis

Oct 08, 20258 months ago

Contract Type

agreement

WalthamBiotechnologyHealth CareTherapeutics

Description

Zenas BioPharma and InnoCare Pharma have entered into a license agreement allowing Zenas to develop and commercialize orelabrutinib and two other drug candidates. The agreement includes rights to a novel IL-17AA/AF inhibitor and a TYK2 inhibitor, both aimed at treating autoimmune diseases. Zenas also announced a $120 million private placement to support its initiatives.

Company Information

Company

Zenas BioPharma

Location

1000 WINTER ST, SUITE 1200

Waltham, Massachusetts, United States

About

Zenas BioPharma is a global biopharmaceutical company committed to becoming a leader in the development and commercialization of inflammation and immunology (I&I) directed therapies for patients in need around the world. With clinical development capabilities and operations globally, Zenas is advancing a portfolio of potentially differentiated autoimmune therapeutics in areas of high unmet medical need. Our experienced leadership team and network of business partners drive operational excellence to deliver potentially transformative therapies to improve the lives of those facing autoimmune and rare diseases.

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