Arvinas and Pfizer have entered a licensing deal with Rigel Pharmaceuticals granting Rigel exclusive global rights to develop, manufacture, and commercialize VEPPANU, the first FDA-approved PROTAC drug for certain advanced breast cancers. The deal includes $85 million upfront and transition payments, with potential for $320 million in milestone payments and tiered royalties on sales. Rigel will lead U.S. commercialization and can sublicense rights outside the U.S., sharing sublicensing revenues with Arvinas and Pfizer. This partnership aims to expand patient access to VEPPANU while allowing Arvinas and Pfizer to focus on advancing their drug pipeline.
Rigel Pharmaceuticals has entered an exclusive global licensing agreement with Arvinas and Pfizer to develop and commercialize VEPPANU, an oral PROTAC drug for advanced breast cancer. The FDA recently approved VEPPANU for estrogen receptor-positive, ...
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Rigel Pharmaceuticals has secured exclusive global rights to develop, manufacture, and commercialize VEPPANU (vepdegestrant), the first FDA-approved oral PROTAC for advanced ER+/HER2-, ESR1-mutated breast cancer. The drug showed a significant progres...
