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Sanofi gains exclusivity rights to Ventyx's CNS-penetrant drug in $27m deal

By Yahoo! Finance   |   Sep 23, 2024 at 01:56 PM EST
Sanofi gains exclusivity rights to Ventyx's CNS-penetrant drug in $27m deal

Sanofi secures exclusive rights to Ventyx Biosciences' CNS-penetrant candidate VTX3232 in a $27 million deal. This agreement grants Sanofi first negotiation rights for the potential neuroinflammatory treatment, boosting Ventyx's stock prices by 14.8%.

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