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Wednesday, February 28, 2024

Idorsia and Viatris in R&D collaboration

 

  • Viatris and Idorsia will collaborate on the global development and commercialization of two Phase 3 assets, selatogrel and cenerimod.
  • Idorsia to receive an upfront payment of USD 350 million, potential development and regulatory milestone payments, additional sales milestone payments and tiered royalties on annual net sales.
  • Viatris and Idorsia will both contribute to the development costs for both programs.
  • Includes future optionality to expand collaboration with additional pipeline assets.
  • Combines Viatris’ financial strength and worldwide operational infrastructure with Idorsia’s proven, highly productive drug development team and innovative engine.

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