Vifor Pharma and Angion sign license agreement for ANG-3777 in nephrology indications Vifor Pharma acquires a worldwide license, excluding Greater China, to late-stage product ANG-3777 ANG-3777 is a first in class small-molecule hepatocyte growth factor (HGF) mimetic, addressing a significant unmet need for the treatment of delayed graft function and cardiac surgery-associated acute kidney injury Angion will receive up to USD 80 million, which includes 30 million upfront payment, 30 million equity investment and 20 million clinical study milestone payments with further milestone payments and tiered royalties on global sales - Vifor Pharma will host conference call and webcast today at 2:00 pm CET - St Gallen and Uniondale, NY, November 09, 2020 Vifor Pharma and Angion Biomedica Corp. (Angion) announced the signing of a licensing agreement for the commercialization of ANG-3777, currently developed for treatment of delayed graft function (DGF) and cardiac surgery-associated acute kidney injury (CSA-AKI). ANG-3777 was engineered to mimic the biological activity of HGF, activating critical pathways in the bodys natural organ repair process following an acute organ injury. Continue reading
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