Clinical-stage biopharmaceutical company
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Originator of lixudebart; co-developer under the deal
CSL will pay Swiss biotech Alentis Therapeutics $355 million upfront to co-develop lixudebart, an experimental antibody for rare kidney and liver diseases. Milestones could add $1.2 billion, with profits split 55% to CSL and 45% to Alentis.
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