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LEO Pharma buys worldwide dersimelagon rights for up to $435 million

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LEO Pharma buys worldwide dersimelagon rights for up to $435 million

LEO Pharma agreed to acquire worldwide rights to drug candidate dersimelagon from Tanabe Pharma for up to $435M in up-front and near-term milestone payments. The deal signals pipeline expansion and could support future revenue optionality if clinical milestones are met, though full economics depend on later development success.

Analysis

LEO Pharma agreed to acquire worldwide rights to drug candidate dersimelagon from Tanabe Pharma for up to $435M in up-front and near-term milestone payments. The deal signals pipeline expansion and could support future revenue optionality if clinical milestones are met, though full economics depend on later development success.

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