Sanofi Challenges J&J’s Darzalex With Blackstone Pact For SC Sarclisa
Could Receive €300m From Private Equity Firm
• By Ayisha Sharma
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The French major has entered a risk-sharing collaboration with Blackstone focused on a new formulation of multiple myeloma drug Sarclisa, which could help it take on market leader Darzalex.
The Competition Could Heat Up For Market Leader Darzalex • Source: Alamy
Sanofi could get up to €300m ($329.5m) from Blackstone Life Sciences to advance a subcutaneous formulation of Sarclisa in the hopes of measuring up to Johnson & Johnson andvGenmab A/S’s formidable competitor Darzalex.
Under a new “strategic risk-sharing collaboration,” private equity giant Blackstone would contribute the cash to help accelerate global pivotal studies...
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