Sobi agrees to pay up to $300M to reduce royalty payments to Apellis on Empaveli
Apellis and Sobi have amended their partnership agreement for paroxysmal nocturnal hemoglobinuria (PNH) treatment Empaveli, or Aspaveli as it is known in Europe.
With the new deal, Stockholm-based Sobi will pay $275 million upfront and up to $25 million in potential milestones to reduce its ex-U.S. royalty obligations on Aspaveli. The milestones are tied to potential European Medicines Agency approval for Aspaveli to treat two rare kidney diseases—complement 3 glomerulopathy (C3G) and primary immune complex membranoproliferative glomerulonephritis (IC-MPGN).