Servier to Acquire Edgewise Therapeutics' Muscular Dystrophy Business
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- Acquisition supports Servier's strategic ambition in rare neurology for patients with high unmet medical needs.
- Transaction includes sevasemten, a late-stage investigational treatment for Becker and Duchenne muscular dystrophies.
- Transaction represents total value of up to
$2.65 billion .
This acquisition of Edgewise Therapeutics' muscular dystrophy business includes its associated capabilities as well as sevasemten, an investigational orally administered first-in-class fast skeletal myosin inhibitor designed to preserve and protect unstable muscle against contraction-induced damage in individuals living with rare muscular dystrophy. Sevasemten is currently investigated in a pivotal cohort in Becker muscular dystrophy (BMD), and in phase 2 in Duchenne muscular dystrophy (DMD). This drug candidate has the potential to position Servier as a global player with strong capabilities and a pipeline in neuromuscular disorders.
Becker muscular dystrophy is a rare, X-linked genetic disorder that causes progressive muscle loss, with currently no approved treatment for patients. The loss of muscle function is irreversible and impacts patients' abilities to perform everyday activities like walking. Duchenne muscular dystrophy is a more severe, recessive X-linked genetic, degenerative muscle disorder beginning at birth that causes patients to lose their walking ability by their early teens. It is the most common type of muscular dystrophy with a median life expectancy of around 30 years.
"The acquisition of Edgewise Therapeutics' muscular dystrophy business is a key step forward to achieve our Servier 2030 ambition in neurology with a team of talented experts and a promising asset in muscular dystrophies", said
"We believe Servier is well positioned to advance sevasemten and the muscular dystrophy program given its commitment to patients, growing focus in neurology, and global development capabilities," said
PDF - https://mma.prnewswire.com/media/2991923/Servier_English.pdf
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Contacts
Servier Group
Laura Visserias
[email protected]
Servier Pharmaceuticals (
[email protected]
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SOURCE Servier
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