Biota and Boehringer collaborate on hepatitis treatment
Biota Holdings has set up a research collaboration and licensing agreement with Boehringer Ingelheim to develop novel nucleoside analogues for treating Hepatitis C Virus (HCV) infections and other diseases.
Biota Holdings has set up a research collaboration and licensing agreement with Boehringer Ingelheim to develop novel nucleoside analogues for treating Hepatitis C Virus (HCV) infections and other diseases.
Biota will receive payments up to US$102 million based on products achieving certain clinical, regulatory and commercialisation milestones, including an initial technology access fee and research support. It would also receive royalties on future sales marketed by Boehringer Ingelheim. Specific terms of the agreement were not disclosed.
Biota will be responsible for drug discovery research and Boehringer Ingelheim is responsible for worldwide development of potential compounds and their commercialisation. The companies will be represented on the Joint Research Committee to oversee and coordinate the activities of the program.