PvP Bio Announces $35M agreement with Takeda

 

Image from PvPBiologics' Twitter
Image from PvPBiologics’ Twitter

On January 5th, recent IPD spin-out PvP Biologics announced their agreement with Takeda Pharmaceutical Company Limited. The $35 million deal includes an option to acquire PvP at a later point. PvP has released a statement on their website, and the agreement was highly covered by other news sources, which can be found at the following:

Puget Sound Business Journal

Endpoints

Xconomy

Business Wire

PRNewswire

MedCity News

FierceBiotech

Read the original post about their spin-out here.