Get the latest tech news

Serbian scientists sell autoimmune disease and cancer treatment for USD 1.9 billion — Sanofi buys biopharma company Dren Bio.


Serbian scientists sell autoimmune disease and cancer treatment for USD 1.9 billion – Sanofi buys biopharma company Dren Bio

As said in a joint statement by the companies, this acquisition is a major milestone for the Serbian biotech sector and highlights the growing international recognition of innovations emerging from the region, reports bne IntelliNews. The agreement sees Sanofi acquire Dren Bio’s autoimmune disease treatment, DR-0201, a targeted bispecific myeloid cell activator. The drug, which has shown strong B-cell depletion in early clinical studies, is being investigated for a variety of autoimmune diseases and malignancies.

Get the Android app

Or read this on r/technology

Read more on:

Photo of USD

USD

Photo of cancer treatment

cancer treatment

Photo of sanofi

sanofi

Related news:

News photo

Raspberry Pi PoE+ Injector Launches For $25 USD

News photo

Google fixes Android zero-day exploited by Serbian authorities

News photo

Serbian student’s Android phone compromised by exploit from Cellebrite