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Pierre Fabre Enters $618 Million Deal with Boston’s Scorpion for Two Novel EGFR Candidates

publication date: Apr 5, 2023

Pierre Fabre, a French pharma-cosmetic company, acquired rights from Boston’s Scorpion Therapeutics for two next-gen EGFR inhibitors that it intends to develop in the EU and China. Pierre Fabre will make $65 million in upfront and near-term payments and up to $553 million in milestones, plus royalties. Scorpion says the two candidates are highly selective mutant EGFR inhibitors aimed at treating NSCLC. Scorpion will retain commercialization rights to STX-721 and STX-241 in the US, Canada and Japan, while Pierre Fabre will own the rights for all other territories. More details....

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