Business, energy, technology, markets and global industry news from Business News Today

Greg Moss

Pharma & Biotech

Evommune bets $30m on a VAV1 degrader that could challenge JAK inhibitors, but can it deliver safer autoimmune treatment?

Evommune is expanding its immunology pipeline through an exclusive licensing agreement for Hinova Pharmaceuticals' investigational oral VAV1 molecular glue degrader. The deal combines $30 million in upfront consideration with more than $1 billion in potential milestone payments, but the drug has not yet demonstrated safety or efficacy in patients.

Read More