M&A
confidence high
sentiment positive
materiality 0.75
X4 Pharma licenses mavorixafor to Norgine for €28.5M upfront, up to €226M milestones
X4 Pharmaceuticals, Inc
- Exclusive license for Europe, Switzerland, UK, Australia, New Zealand; X4 retains rest of world.
- X4 receives €28.5M upfront; up to €226M in regulatory, commercial, sales milestones.
- Escalating double-digit royalties up to mid-twenties on net sales in licensed territories.
- X4 continues Phase 3 4WARD trial in chronic neutropenia; Norgine handles commercialization.
- MAA for WHIM syndrome to be submitted to EMA shortly; mavorixafor has Orphan Drug Designation.