PAR 15.1% 22.5¢ paradigm biopharmaceuticals limited..

research reports and media, page-3342

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    know that this has nothing to do with OA or PAR, but shows one way a company partners with another for sales and distribution.


    With FDA decision one month away, Provention partners with Sanofi
    on US marketing for type 1 diabetes drug.

    Though its FDA decision is one month away, Provention Bio has already begun its commercial efforts for its type 1 diabetes drug — and it’s now working with Sanofi.

    Sanofi has signed on as Provention’s potential commercial partner in the US if teplizumab, Provention’s antibody treatment for delaying the onset of symptomatic type 1 diabetes, gets approved in November. Sanofi will invest $35 million upon approval at a 40% premium per share.

    Sanofi also dropped $20 million to get first dibs on negotiations for global rights to teplizumab in type 1 diabetes.
    Full story here:



    One of many possibilities.
 
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