Evommune Licenses Experimental Arthritis Drug, Raises $30 Million to Fund Development
Evommune will pay $30 million upfront and could owe Hinova up to $1.1 billion as it expands into VAV1-focused autoimmune research.
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Evommune Licenses Experimental Arthritis Drug, Raises $30 Million to Fund Development
Evommune (NYSE:EVMN) has licensed global development rights outside Greater China to EVO570, an experimental oral drug for inflammatory diseases, in a deal with Hinova Pharmaceuticals that includes $20 million in cash and $10 million in warrants issued at signing. The company plans to test EVO570 f
Evommune, Inc. (EVMN) Discusses In Licensing of EVO570 for Autoimmune Diseases Prepared Remarks Transcript
Evommune, Inc. (EVMN) Discusses In Licensing of EVO570 for Autoimmune Diseases November 5, 2026 8:30 AM ESTCompany ParticipantsLuis Peña - Founder,...
Evommune licenses Hinova autoimmune drug in up to $1.1 billion deal - Regional Media News
Nov 4 (Reuters) - Evommune said on Wednesday it had licensed rights to an experimental autoimmune disease treatment from China's Hinova Pharmaceuticals in a deal worth up to about $1.1 billion in milestone payments. Here are some details: • Under the agreement, Evommune will gain [...]
Evommune licenses Hinova autoimmune drug in up to $1.1 billion deal
Nov 4 (Reuters) - Evommune said on Wednesday it had licensed rights to an experimental autoimmune disease treatment from China's Hinova Pharmaceuticals in a deal worth up to about $1.1 billion in milestone payments. Here are some details: • Under the...
Evommune signs $1.1bn licence deal with Hinova for EVO570
Evommune will pay $30m upfront, consisting of $20m in cash and $10m in pre-funded warrants for common shares. Hinova is eligible to receive the remainder of the deal The post Evommune signs $1.1bn licence deal with Hinova for EVO570 appeared first on Pharmaceutical Business review.
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