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Rebio Biological: Signs Exclusive Global Licensing Agreement with Madrigal, Potential Revenue Reaches $4.4 Billion
Rebio Biotech announces that the company and its subsidiary Ribocure Pharmaceuticals AB have entered into an exclusive global licensing agreement with Madrigal Pharmaceuticals, Inc. for the development of six preclinical small interfering RNA (siRNA) therapies targeting metabolic dysfunction-associated steatohepatitis (MASH). Under the agreement, Rebio Biotech will receive a $60 million upfront payment, with the potential to earn up to $4.4 billion in payments upon achieving various development, regulatory, and commercialization milestones, in addition to potential royalties on net sales.