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Everest Acquires China Rights to Lupus Nephritis Candidate in $132 Million Agreement

publication date: Sep 21, 2023

Shanghai Everest Medicines acquired China/Asian rights to a novel therapy for autoimmune diseases from Kezar Life Sciences of South San Francisco in a deal worth $132.5 million. The candidate, zetomipzomib, is a first-in-class, selective inhibitor of the immunoproteasome that is expected to treat several autoimmune diseases including lupus nephritis (LN). Everest will join Kezar in its global, placebo-controlled Phase IIb trial of the candidate in patients with active LN. The company will make an upfront payment of $7 million to Kezar and be responsible for $125.5 of milestones, plus royalties. More details....

Stock Symbol: (HK: 1952)

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