Boehringer Ingelheim Boehringer Ingelheimve rights from the Japanese pharmaceutical and biotechnology company to develop treatments globally.
Boehringer Ingelheimeive €410m, including an upfront payment and additional success-based milestones, along with sales royalties.
Kyowa Kirin senior managing executive officer, chief medical officer and board director Takeyoshi Yamashita stated: “We are pleased to announce that we have signed the licence agreement with Boehringer Ingelheim.
“The compound was discovered through Kyowa Kirin’s expertise in innovative technology and disease biology. Boehringer Ingelheim is highly regarded for its expertise in fibro-inflammatory diseBoehringer Ingelheim that it should be the best partner to maximise and deliver the value of our compound for patients in need.”
Boehringer Ingelheim corporate senior vice-president and discovery research global head Clive Wood stated: “We are very excited about partnering with Kyowa Kirin and being able to add this opportunity to our portfolio to develop breakthrough treatments for patients with this new collaboration.”
Boehringer Ingelheimting Phase III clinical trials for BI 1015550, a PDE4B inhibitor, targeting idiopathic pulmonary fibrosis and other progressive fiKyowa Kirinerstitial lung diseases.