Pharma BD Deal Intelligence

Boehringer Ingelheim GmbH / Bridge Biotherapeutics, Inc.

2019 · Licensing/Option · $1.2B · Terminated

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Jul 18, 2019 FierceBiotech Bullish

Boehringer is paying $50M upfront for an early-stage IPF asset as it scouts a follow-up to its blockbuster Ofev franchise, betting on a novel autotaxin…

Nov 13, 2020 Korea Biomedical Review Bearish

Bridge regains all global rights to BBT-877 after Boehringer requests additional toxicity testing and the parties cannot align on a development path forward.

Nov 20, 2020 Pharmaphorum Bearish

Boehringer Ingelheim and Bridge Biotherapeutics mutually terminated the BBT-877 collaboration after preclinical toxicity findings; rights revert to Bridge,…

Source summaries from our enrichment pipeline; follow links for originals.

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Boehringer Ingelheim entered a global collaboration and license agreement for Bridge Biotherapeutics' Phase 1 autotaxin inhibitor BBT-877 in fibrosing interstitial lung diseases including IPF. Bridge received approximately EUR 45M ($50M) in upfront/near-term payments and is eligible for up to EUR 1.1B+ ($1.18B) in milestones plus tiered up-to-double-digit royalties. Deal terminated in late 2020 after BBT-877 mutagenicity findings.

Key facts

Related deals — scored

DealYearValueOutcome
Boehringer Ingelheim GmbH / Bridge Biotherapeutics, Inc. (this deal)2019$1.2B
Boehringer Ingelheim GmbH / Amgen Inc. (Fremont manufacturing facility)201177
Boehringer Ingelheim GmbH / NBE Therapeutics2020$1.5B28
Boehringer Ingelheim GmbH / AMAL Therapeutics SA2019$366M
Boehringer Ingelheim GmbH / NBE-Therapeutics AG2020$1.4B
Boehringer Ingelheim GmbH / Yuhan Corporation2019$870M
Vertex Pharmaceuticals Incorporated / Concert Pharmaceuticals, Inc.2017$250M85

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