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XERS Xeris Biopharma Holdings Inc

2.00
0.00 (0.00%)
22 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Xeris Biopharma Holdings Inc NASDAQ:XERS NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.00 1.97 2.00 0 01:00:00

Xeris Biopharma Reaches License Agreement With Amgen On Thyroid Eye Disease Treatment

10/01/2024 1:53pm

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Xeris Biopharma (NASDAQ:XERS)
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By Ben Glickman

 

Xeris Biopharma has entered an exclusive worldwide license agreement with Amgen related to a subcutaneous formulation of a Thyroid Eye Disease treatment.

The Chicago-based biopharmaceutical company said Amgen would develop, manufacture and commercialize the formulation of teprotumumab using Xeris' XeriJect technology.

Xeris may receive up to $75 million based on development and regulatory milestones in addition to sales milestones. The company will also get royalties on future sales of Tepezza, which is the brand name of teprotumumab in the U.S., using XeriJect technology.

 

Write to Ben Glickman at ben.glickman@wsj.com

 

(END) Dow Jones Newswires

January 10, 2024 08:38 ET (13:38 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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