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Incyte pays $45mm up front for rights to Calithera's arginase inhibitor
29 Oct 2021
Executive Summary
Incyte Corp. licensed global rights to develop and sell Calithera Biosciences Inc.’s arginase inhibitor CB1158 in hematology and oncology indications. Incyte paid $45mm up front and made an $8mm equity investment through the purchase of 1.7mm Calithera common shares at $4.65 (a slight premium).
Deal Industry
- Pharmaceuticals
-
Biotechnology
- Immuno-Oncology
Deal Status
- Final
Deal Type
-
Alliance
- Co-Promotion
- Includes Equity
- Includes Royalty or Profit Split Information
- Intra-Biotech Deal
- R&D and Marketing (Licensing)
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