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Boehringer continues fibrosis drive via acquisition of Enleofen assets

January 10, 2020 12:52 AM UTC

The acquisition of Enleofen’s preclinical IL-11 inhibition platform is the latest in a string of deals by Boehringer to build out its fibrosis tool kit, giving the German pharma therapies against a new target for the indication.

Enleofen Bio Pte. Ltd. is eligible for more than $1 billion per product from Boehringer Ingelheim GmbH in upfront and development and commercial milestone payments. Additional financial terms are undisclosed...