AstraZeneca strikes $2 billion deal with CSPC

Dyslipidemia, a condition involving unhealthy levels of cholesterols and other fats in the blood, is a major risk factor in cardiovascular diseases, which make up the world’s biggest killer with 17.9 million deaths​ per year. While there are treatments for dyslipidemia, they are not sufficient to control the blood levels of low-density lipoprotein cholesterol, or ‘bad cholesterol,’ in many patients.

The oral drug developed by CSPC is designed to prevent the production of a low-density lipoprotein called lipoprotein (a), which is involved in the transport of cholesterol in the bloodstream. By doing this, it may treat and prevent a range of cardiovascular diseases as a monotherapy or in combination with another small molecule candidate by AstraZeneca’s that depletes low-density lipoproteins by blocking an enzyme called PCSK9.

According to the deal terms, CSPC is eligible for $100 million upfront in addition to up to $1.92 billion in payments based on development and commercialization milestones, plus tiered royalties.

Sharon Barr, AstraZeneca’s executive vice president and head of biopharmaceuticals R&D stated​ that the asset “could help patients to more effectively manage their dyslipidemia and related cardiometabolic diseases. Given the scale of unmet need, with cardiovascular disease being a leading cause of death globally, advancing novel therapies that can be used alone or in combination to effectively address known risk factors and advance patient care is particularly important and a key part of our strategy.”

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