Boehringer Ingelheim is partnering with China-based biotech Suzhou Ribo Life Science and its Sweden-based unit Ribocure Pharmaceuticals to develop siRNA therapies for metabolic dysfunction-associated steatohepatitis (MASH), in a deal potentially worth $2 billion in biobucks.
The biotech will receive an undisclosed upfront payment, with further payouts if certain clinical, regulatory and commercial milestones are reached, as well as tiered royalties, per a press release.
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