In Vivo is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

In Vivo's Deals Of The Month, March 2017

Executive Summary

Free article: In Vivo's editors pick March's most significant deals, including Spero's Series C and Allergan's deal with Editas.

Top Alliance: Allergan Options CRISPR Ocular Programs From Editas

Allergan PLC, not known for its interest in early-stage R&D,has obtained exclusive access and the option to license up to five of Editas Medicine Inc.'s genome-editing ophthalmic programs – including its lead program candidate for Leber congenital amaurosis, a rare, inherited retinal degenerative disease that appears in childhood and leads to blindness. Editas, which also closed an $84.6 million FOPO in March, gets $90 million up front from Allergan as well as potential milestone payments and royalties from any approved products. [See Deal]

Top Financing: Spero Raises Series C

Antibacterials developer Spero Therapeutics LLC raised $51.7 million in an oversubscribed Series C round led by first-time backer GV (formerly Google Ventures). GV was joined by other new investors RA Capital Management and Rock Springs Capital and returning shareholders Atlas Venture, SR One, MRL Ventures Fund, Lundbeckfonden Ventures, The Kraft Group and Osage University Partners. Spero will use the funds for ongoing development of its pipeline candidates aimed at drug-resistant bacterial infections, including preclinical SPR994 and its clinical-stage Potentiator program. [See Deal]

Top M&A: BioLineRx Expands IO Pipeline With Agalimmune Buy

BioLineRx Ltd. enhanced its immuno-oncology pipeline through its acquisition of privately held cancer drug development company Agalimmune Ltd. The $6 million going to Agalimmune's shareholders is divided equally into cash and an equity stake in BioLineRx, with potential development and commercial milestones tied to Agalimmunie's lead candidate, AGI-134, which has shown preclinical ability to stimulate a systemic, specific anti-tumor response by harnessing the body's innate anti-alpha-Gal antibodies. [See Deal]

Advertisement

Related Content

Deal Watch: BioLineRx, Ono, Vedantra Ink Separate Cancer Immunotherapy Pacts
Editas Deal Opens Allergan's Eyes To CRISPR Opportunities
Spero Therapeutics: Remodeling Antibiotics

Topics

Related Companies

Related Deals

Advertisement
UsernamePublicRestriction

Register

IV005068

Ask The Analyst

Ask the Analyst is free for subscribers.  Submit your question and one of our analysts will be in touch.

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel