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SNY Sanofi

49.05
-0.98 (-1.96%)
Pre Market
Last Updated: 10:22:51
Delayed by 15 minutes
Name Symbol Market Type
Sanofi NASDAQ:SNY NASDAQ Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.98 -1.96% 49.05 48.99 49.03 1,189 10:22:51

Ligand Licenses OmniAb Platform to Sanofi

02/12/2019 5:14pm

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By Colin Kellaher

 

Ligand Pharmaceuticals Inc. (LGND) Monday said it signed a worldwide license agreement for its OmniAb antibody discovery platform with Paris drug maker Sanofi S.A. (SAN.FR, SNY).

The San Diego biopharmaceutical company said Sanofi will pay an undisclosed upfront platform access fee, along with development and regulatory milestone payments and potential royalties on sales of marketed products.

Ligand said it has licensed OmniAb to more than 40 companies around the world.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

December 02, 2019 11:59 ET (16:59 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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