Articles

Selecta, Sanofi partnership nothing to sneeze at

Deal could total up to $300 million each for up to three candidates
Written byKelsey Kaustinen
| 3 min read

WATERTOWN, Mass.—Biopharmaceutical company SelectaBiosciences Inc. and Sanofi have entered into a strategic global collaborationfor the discovery of highly targeted, antigen-specific immunotherapies for life-threateningallergies. The agreement represents the first time the companies have workedtogether, as well as Selecta's first collaboration with a large pharmaceuticalfirm.

Per the terms of the agreement, Selecta has granted Sanofian exclusive license to develop immunotherapies, designed to counter acuteimmune responses, against an undisclosed life-threatening food allergen. Sanofialso has an option to develop two additional candidate immunotherapies forallergies each for a food or aeroallergen.

The therapies will make use ofSelecta's proprietary Synthetic Vaccine Particle (SVP) platform.

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