M&A
confidence high
sentiment positive
materiality 0.70
iBio licenses first-in-class anti-Activin E antibody from AstralBio for up to $28M in milestones
iBio, Inc.
- Upfront $750K credit applied toward option fee; total milestone payments up to $28M, payable in cash or stock.
- Antibody demonstrated fat-selective weight loss and synergy with GLP-1 in obese rodent model.
- iBio also amended AstralBio collaboration to add a fifth cardiometabolic target using its AI platform.
- AstralBio eligible for low to mid-single-digit sublicense fees on any sublicense proceeds.
- iBio solely responsible for all development, manufacturing, and commercialization worldwide.