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Sobi pays $275M to cut Aspaveli royalties by 90%, funding rare kidney disease approvals in EU.
Sobi and Apellis Pharmaceuticals have amended their licensing agreement for Aspaveli, reducing Sobi's ex-US royalty obligations by 90% in exchange for a $275 million upfront payment and up to $25 million in milestone payments.
The deal funds regulatory approvals in the EU for rare kidney diseases C3G and IC-MPGN.
Aspaveli is already approved in the EU and US for treating PNH, with reviews ongoing for the new indications.
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Sobi paga $275M para reducir las regalías de Aspaveli en un 90%, financiando aprobaciones de enfermedades renales raras en la UE.