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Stock impact report

Dren Bio Expands Strategic Collaboration with Sanofi to Develop Next-Generation B-Cell Depletion Therapy [Yahoo! Finance]

Sanofi - American Depositary Shares (SNY) 
US:NYSE Investor Relations: sanofi.com/en/investors
Company Research Source: Yahoo! Finance
– Dren Bio will receive an upfront cash payment of $100 million and is also eligible to receive up to $1.7 billion in future development, regulatory, and commercial milestone payments – – Dren Bio retains the option to co-fund future development in exchange for U.S. co-promotion rights with Sanofi, a 50/50 share of U.S. profits and losses, and milestones plus tiered royalties on ex-U.S. sales – SAN CARLOS, Calif., December 15, 2025 BUSINESS WIRE )--Dren Bio, a privately held, clinical-stage biotechnology company developing first-in-class myeloid cell engager therapeutics, announced today that it has entered into a strategic collaboration with Sanofi (NASDAQ: SNY) for the discovery and development of a next-generation B-cell depleting therapy for the treatment of various autoimmune diseases. The new agreement builds on the existing relationship between the two companies, following Sanofi's acquisition earlier this year of Dren Bio's DR-0201 program for deep B-cell depletion. DR- Show less Read more
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