M&A
confidence high
sentiment positive
materiality 0.75
Amphastar licenses three novel peptides from Anji for up to $453M total
Amphastar Pharmaceuticals, Inc.
- Exclusive license for three proprietary peptides targeting oncology and ophthalmology in U.S. and Canada.
- First asset: endogenous peptide suppressing multiple cancer types; second: novel peptide-docetaxel conjugate; third: topical VEGFR eye drop for wet AMD.
- Upfront $6M ($0.75M earnest + $5.25M), development milestones up to $42M, sales milestones up to $225M, royalties capped at $60M per product.
- Anji receives non-exclusive license outside territory; pays Amphastar low single-digit royalties on certain net sales.
- Term: 10 years from first commercial sale per product; Amphastar can extend up to additional 10 years or patent expiry.