September 5, 2025
Source: drugdu
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On September 3, 2025, Argo Biopharma Co., Ltd. announced a new strategic collaboration agreement with Novartis (NYSE: NVS) to jointly develop multiple cardiovascular products. This new agreement expands upon the existing collaboration between the two parties.
Under this agreement, Argo Biopharma granted Novartis an option for ex-China rights to two early-stage molecules for the treatment of severe hypertriglyceridemia (sHTG) and mixed dyslipidemia, as well as a right of first negotiation for BW-00112 (ANGPTL3). This product is currently in Phase II clinical trials in the United States and China, with Argo Biopharma leading the subsequent combination therapy clinical trials. For another preclinical siRNA drug candidate, Argo Biopharma granted Novartis an exclusive ex-China license, including a reciprocal option to share profits and losses (P&L) in the United States and China. This product is expected to initiate Phase I clinical trials in 2026.
https://finance.eastmoney.com/a/202509053505318712.html
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