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Feb 25, 2013
 |  BC Week In Review  |  Company News  |  Deals

Cangene, Inspiration Biopharmaceuticals, Ipsen deal

Cangene acquired Inspiration's remaining hemophilia portfolio from Inspiration and partner Ipsen, including nonacog gamma ( IB1001). Cangene will also receive rights to Inspiration's preclinical hemophilia candidates IB1007 and IB1008. Cangene will pay $5.9 million up front and up to $50 million in sales milestones, plus tiered double-digit royalties. Ipsen will receive about 60% of the upfront payment and 80% of other payments.

Cangene also disclosed that FDA...

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