Under the latest collaboration, Sanofi will have global rights to small-molecule STAT6 inhibitorsSTAT6 inhibitors, with Recludix advancing them from preclinical research and development through to the start of Phase II studies. The French drugmaker will subsequently assume development and commercialisation responsibilities, with Recludix having an option to participate in US profit/loss share.
Recludix noted that inhibiting STAT6 - a key nodal transcription factor that selectively mediates downstream signalling of IL-4 and IL-13 – offers the potential to treat patients with multiple Type 2 inflammatory dermatological and respiratory diseases. "Recludix's approach to targeting STAT6 has significant potential…especially where a precisely tailored oral therapy could best fit within the patient's needs at various stages of disease," remarked Frank Nestle, Sanofi's global head of research.
As part of the agreement, Sanofi will make near-term payments of $125 million, with Recludix eligible for more than $1.2 billion in potential milestones, as well as up to double-digit sales royalties.
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