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LianBio Acquires Two IBD Candidates from Landos in $218 Million Agreement

publication date: May 17, 2021

LianBio, a Princeton-Shanghai company, in-licensed Greater China rights for two inflammatory bowel disease candidates from Landos Biopharma. The $218 million deal includes $18 million upfront and $200 million in milestones. The two assets are novel, oral, gut-restricted agonists, both of which are in trials for ulcerative colitis and Crohn's disease. LianBio was formed by Perceptive Advisors, a US healthcare investor, and Landos was backed by Xontology, which partnered with Perceptive to form  two funds that invest in biopharma startups. More details...

Stock Symbol: (NSDQ: LABP)

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