Pharma BD Deal Intelligence

InterMune Inc. / Inhale Therapeutic Systems Inc.

2002 · Licensing/Option · Complete

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Oct 16, 2002 BioWorld Bullish

Inhale will provide expertise and exclusive manufacturing for the reagent used in the PEGylation of Infergen, while InterMune will be responsible for…

Feb 11, 2025 PharmaPhorum Bearish

It's been a decade since Roche bought InterMune for $8.3 billion on the promise of its idiopathic pulmonary fibrosis (IPF) therapy Esbriet; Esbriet was able to…

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In October 2002, InterMune Inc. and Inhale Therapeutic Systems Inc. entered a collaboration to develop a PEGylated formulation of Infergen (interferon alfacon-1), branded PEG-Infergen, for the treatment of chronic hepatitis C. Inhale contributed its PEGylation technology and exclusive manufacturing of the PEGylation reagent, while InterMune was responsible for preclinical and clinical development and North American commercialization. Inhale was eligible for milestone payments as the program advanced through the clinic plus royalties on product sales; specific financial terms were not disclosed.

Key facts

Related deals — scored

DealYearValueOutcome
InterMune Inc. / Inhale Therapeutic Systems Inc. (this deal)2002
Roche Holding AG / Chugai Pharmaceutical Co. Ltd.2002$1.4B100
Gilead Sciences Inc. / Triangle Pharmaceuticals Inc.2002$464M96
Amgen Inc. / Immunex Corporation2002$16.0B92
Novartis AG / Lek Pharmaceuticals d.d.2002$876M88
Bayer AG / BlueRock Therapeutics2002$600M79
Novartis AG / Hexal AG2002$8.3B75

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