Fierce Pharma October 11, 2024
AstraZeneca has bagged a cardiovascular disease candidate from China’s CSPC Pharma in a deal potentially worth $2 billion. Astellas is shuffling its cell therapy research team and investing in a dementia gene therapy candidate. And more.
1. AstraZeneca pays CSPC $100M for preclinical heart disease drug, teeing up combos and Lilly rivalry
AstraZeneca paid China’s CSPC Pharma Group $100 million and committed up to $1.92 billion in milestones for a preclinical oral disruptor of Lp(a), a form of low-density lipoprotein. AZ sees opportunities to develop the drug, YS2302018, as a single agent and in combination with assets including its PCSK9 inhibitor in cardiovascular disease.