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Altus signs $25mm deal with Cystic Fibrosis Foundation; ends

Executive Summary

The Cystic Fibrosis Foundation Therapeutics Inc.--the technology transfer arm of the Cystic Fibrosis Foundation--is paying Altus Biologics (protein-based therapeutics, diagnostics, and industrial products) up to $25mm in development milestones and providing the company with access to its clinical research network, so that Altus may conclude the development of its TheraCLEC-Total pancreatic insufficiency drug.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Terminated
Deal Type
  • Alliance
    • Includes Contract
    • R&D and Marketing (Licensing)

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