Maze Therapeutics has found a new buyer for its Pompe disease candidate, five months after scrutiny from the Federal Trade Commission led Sanofi to back out of a deal for the clinical-stage drug.
The new licensee is Shionogi, the companies said Friday morning. The Osaka, Japan-based pharma will dish out $150 million upfront and pay an undisclosed amount in biobucks. Almost a year ago to the day, Maze disclosed that Sanofi would dole out the same amount upfront for the oral candidate and could pay another $600 million in milestones.
Unlock this article instantly by becoming a free subscriber.
You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.