Pharma BD Deal Intelligence

Sanofi SA / Teva Pharmaceutical Industries Ltd.

2023 · Co-Development · $1.5B · Complete

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Oct 04, 2023 BioPharma Dive Bullish

Sanofi is the latest large drugmaker to place a bet on TL1A, one of the hottest targets in inflammatory bowel disease. The French pharma agreed to pay Teva…

Oct 04, 2023 Reuters Bullish

France's Sanofi and Israel's Teva said on Wednesday they had signed a co-development and co-commercialization agreement worth up to $1.5 billion for Teva's…

Feb 17, 2026 www.sanofi.com Bullish

Sanofi and Teva's duvakitug Phase 2b maintenance (week 44) data demonstrated clinically meaningful durable efficacy: ulcerative colitis clinical remission…

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Sanofi and Teva entered a global co-development and co-commercialization collaboration for duvakitug (TEV'574 / TEV-48574), a then-Phase 2b anti-TL1A monoclonal antibody for IBD, announced October 4, 2023 (closed November 30, 2023). Teva received $500M upfront and is eligible for up to $1.0B in development/launch milestones, with equal cost/profit share in major markets and royalties elsewhere; Sanofi leads Phase 3 and commercializes in North America, Japan and most of the world while Teva commercializes in Europe, Israel and select markets. The bet has so far been validated: on December 17, 2024 the Phase 2b RELIEVE UCCD basket study met its primary endpoints in both ulcerative colitis (47.8% high-dose clinical remission vs 20.45% placebo at week 14) and Crohn's disease (47.8% high-dose endoscopic response vs 13.0% placebo), with the partners claiming best-in-class potential and a clean safety profile. Durable maintenance (week 44) data reported at ECCO 2025 and on February 17, 2026 reinforced the profile. Sanofi initiated the Phase 3 program in IBD in late 2025 (induction study NCT07184996 and maintenance study NCT07185009, both recruiting; induction actual start October 8, 2025).

Key facts

Related deals — scored

DealYearValueOutcome
Sanofi SA / Teva Pharmaceutical Industries Ltd. (this deal)2023$1.5B
Sanofi SA / Regeneron Pharmaceuticals, Inc.2007$1.0B97
Sanofi SA / Synthelabo S.A.1998$11.0B84
Sanofi SA / Genzyme Corporation2011$20.1B84
Sanofi SA / Amunix Pharmaceuticals Inc.2021$1.2B76
Sanofi SA / Genzyme Corporation2010$18.5B75
Sanofi SA / Translate Bio Inc.2018$805M73

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