Takeda Pharmaceutical Company Limited / TESARO, Inc.
2017 · Licensing/Option · $340M · Complete
Announcement Sentiment
75
Strongly positive
TESARO licensed Japan rights for niraparib in all tumor types and South Korea/Taiwan/Russia/Australia rights in all tumors except prostate cancer to Takeda. TESARO received $100M upfront plus up to $240M in regulatory and commercial milestones, plus tiered double-digit royalties on Takeda territory net sales. Niraparib is the PARP inhibitor approved as ZEJULA in ovarian cancer maintenance.
Key facts
AnnouncedJul 27, 2017
ClosedJul 27, 2017
Deal value$340M
Deal typeLicensing/Option
Therapeutic areaOvarian cancer and other solid tumors