other material
confidence high
sentiment positive
materiality 0.75
Pfizer opts into LianBio's RSV drug sisunatovir rights in China & Singapore; $20M upfront, up to $135M milestones
LianBio
- $20M upfront payment from previously restricted cash paid by Pfizer in 2020 under the existing strategic collaboration.
- Up to $135M in potential development and commercial milestone payments plus tiered low single-digit percent of net sales.
- Pfizer assumes all development/commercial costs in the region and releases LianBio from its royalty and milestone obligations to ReViral.
- LianBio expects the transaction to extend cash runway through end of 2024.