Innovent Biologics partners with Spero to advance autoimmune drug candidate beyond GSK antibiotic
Innovent Biologics has announced a new partnership with Spero, a smaller biopharma firm, to develop an autoimmune drug candidate originating from Suzhou, China.
The collaboration follows a series of agreements over the past 18 months in which Innovent worked with four of the world’s largest pharmaceutical companies.
By turning to a smaller partner, Innovent aims to diversify its development pipeline and move beyond the GSK‑owned antibiotic assets that have been a focus of recent activity.
Details of the financial terms were not disclosed, but the deal underscores Innovent’s strategy to broaden its therapeutic reach in the autoimmune space.
This writeup was produced by pharmadog from original reporting by Endpoints.
Original headline: “In latest deal, Innovent seeds Spero's future beyond GSK-owned antibiotic”
read at Endpoints ↗
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