ReViral and LianBio Announce Exclusive Collaboration and License Agreement to Develop and Commercialize Sisunatovir in China
ReViral Ltd., a clinical-stage biopharmaceutical company focused on discovering, developing, and commercializing novel antiviral therapeutics that target respiratory syncytial virus (RSV) and LianBio, a biotechnology company focused on bringing paradigm-shifting medicines to patients in China and other major Asian markets, today announced an exclusive collaboration and license agreement for the development and commercialization of sisunatovir in mainland China, Hong Kong, Macau, and Singapore. Sisunatovir is ReViral’s lead small molecule for the treatment of RSV, currently in Phase 2 clinical studies in pediatric and adult immunocompromised patient populations.
Under the terms of the collaboration, ReViral will receive an upfront cash payment of $14 million and is eligible to receive development and commercial milestone payments of up to $105 million. In addition, ReViral is eligible to receive tiered low double-digit royalties on sisunatovir net sales in the licensed territories. LianBio will be responsible for the development and commercialization of sisunatovir in the licensed territories, and ReViral will continue to be responsible for the development and commercialization of sisunatovir in all other geographies.
“We are delighted to be entering into this collaboration with LianBio to advance sisunatovir in China, a market with a significant unmet medical need for patients with serious RSV infection,” said Alex Sapir, CEO, ReViral. “LianBio shares our vision of developing and commercializing world-class therapies, and we look forward to leveraging their deep clinical and regulatory expertise in China to bring sisunatovir to this important market.”
“In China alone, more than 3.3 million pediatric and elderly patients develop RSV-associated lower respiratory tract infections each year, including an estimated 400,000 patients who require hospitalization,” said Konstantin Poukalov, Managing Director, Perceptive Advisors and Executive Chairman, LianBio. “The compelling clinical data ReViral has generated to date suggest sisunatovir has the potential to be a highly effective treatment option for RSV. We look forward to partnering with ReViral to bring sisunatovir to Chinese patients as quickly as possible.”
News source: ReViral
Other News
Follow NETPark On Social Media
Keep up to date with the latest NETPark news and events.
The North East Technology Park provides a dynamic and supportive environment to accelerate the growth of ambitious, innovative, high tech companies into global markets. NETPark encourages collaborative multidisciplinary links, driving innovation, enterprise and economic prosperity.
We provide companies with access to a focused and international community where talent flourishes, ideas are generated and businesses have the support and resources to compete with the best in the world.
NETPark North East Technology Park
NETPark, North East Technology Park,
Sedgefield, County Durham TS21 3FD
Call Us: (+44) 01740 625250
Email: enquiries@northeasttechnologypark.com
Web: northeasttechnologypark.com
Access to quality facilities was one of the main drivers for deciding to locate the business at the NETPark. We have been able to use this as a launch pad to link into support from CPI and world-class expertise from Durham University.
The proximity to the universities and the infrastructure are very important factors. Ultimately having a presence in Europe is very valuable to us and we intend to stay at NETPark for many years to come.
CPI has developed a specialist offering to support SMEs looking to develop their printable electronics applications and our partnership with Business Durham has been instrumental in attracting several SMEs to locate here in the region.
We initially came because of the printable electronics centre but access to a highly skilled semi conductor workforce in the North East has been a key factor in us staying and growing here, as well as the value for money office space and the access to funding.
It fits perfectly for us that we’re surrounded by like-minded companies at NETPark. There are a number of highly skilled people in the area who can help us grow our business. The facilities and services offered by NETPark are first class, they make office life simple and engaging.
The quality of the facilities at NETPark and the attitude of staff is first class. It has a really dynamic, innovative atmosphere.