other material
confidence high
sentiment positive
materiality 0.75
Sagimet enters global exclusive license with TAPI for innovative resmetirom API for FDC program
Sagimet Biosciences Inc.
- License grants Sagimet exclusive global rights to TAPI's innovative forms of resmetirom API for fixed-dose combination with denifanstat.
- Sagimet paid $2.5M upfront; TAPI may receive low single-digit royalties and up to $5.5M in manufacturing milestones.
- Phase 1 PK trial of denifanstat + resmetirom underway; topline data expected by end of 2025.
- Sagimet plans to select one TAPI resmetirom form for a single FDC tablet for Phase 3 study in H2 2026.
- Combination targets MASH cirrhosis (F4) where no approved therapies exist.