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Sanofi pays $45m for early look-in on genetic heart disease program

This article was originally published in Scrip

Executive Summary

Sanofi has paid $45m via an upfront licensing fee and equity investment in young South San Francisco-based biotech MyoKardia, which is developing targeted therapies for genetic heart disease. The collaboration is an outgrowth of Sanofi's Sunrise initiative, a partnership model focused on early stage opportunities.

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