Aeglea BioTherapeutics and Immedica Announce Commercialization Agreement for Pegzilarginase for the Treatment of Arginase 1 Deficiency in Europe and Middle East
Aeglea receives $21.5 million upfront with up to approximately $130 million in milestone payments and royalties in the mid-twenties. Immedica obtains exclusive commercialization rights in Europe and several Middle Eastern countries.Austin, Texas, and Stockholm, March 22, 2021 - Aeglea BioTherapeutics, Inc. (NASDAQ:AGLE), a clinical-stage biotechnology company developing a new generation of human enzyme therapeutics as innovative solutions for rare metabolic diseases, and Immedica Pharma AB (Immedica) today announced the license and supply agreement for pegzilarginase, a novel, recombinant