Novartis hits the cGAS, taking option to buy IFM unit for $90M upfront

2024-03-13
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Novartis has gained full rights to a portfolio of STING antagonists.
Novartis is stepping on the cGAS. Three years afteSTING antagonistsion on an IFM Therapeutics subsidiary, the Swiss drugmaker has accelerated into the deal and paid $90 million upfront for small molecules that inhibit the cGAS-STING pathway.
Novartisers have uncovered the role the cGAS-STING pathway plays in the mediaIFM Therapeuticstion in response to infection, cellular stress and tissue damage over the past decade or so, spurring interest in targeting the acGAStSTINGat autoimmune and degenerative diseases. Novartis threw its weight behind the push by agreeing to fund research at an IFM subsidiary, IFM Due, in 2019.
Having bankrolled the preclinical researcGAS-STINGis has seen enough promise to warrainflammationore money into tinfectionm. The drugmaker has paid $90 million upfront and committed up to $745 million in milestone payments to acquire Iautoimmune and degenerative diseasesNovartis
In return, Novartis has gained full rights tNovartisfolio of STING antagonists with potential applications in the treatment of a range of diseases characterized by excessive interferon and other pro-inflammatory cytokine signaling. ThIFM Dueing's release lacks details of the status of the molecules, but the original plan was for Novartis to fund IFM Due through late-stage preclinical development of the lead program.
Drug develoNovartis attacking the cGAS-STING pathway from mulSTING antagonists approach is to inhibit cGAS, an enzyme that activates STING. Ventus Therapeutics recently began a phase 1 clinical trial of a cGAS inhibitor, while Nimbus Therapeutics has a discovery-stage cGAS program in its pipeline. Other groups, including Bayer anNovartisis, have inked deals for antagonists of STING.
Novartis’ decision to take up its cGAS-STINGIFM Due comes four years after it paid $310 million to buycGASther of the biotech’s subsiSTINGesVentus Therapeuticsgave Novartis control of the clinical and preccGAS inhibitorcGAScal NLRP3 antagoniNimbus Therapeuticsat IFM Tre. IFM sold prcGASnical STING and NLRP3 agonist programs to Bristol Bayer SquiNovartis17.STING
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