trending Market Intelligence /marketintelligence/en/news-insights/trending/ixoAlM2A3yBSh6IyNdQVeA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In This List

Ipsen, Blueprint Medicines collaborate to develop rare bone disease drug

S&P Global Market Intelligence

Cannabis Hashing Out a Budding Industry


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform

Ipsen, Blueprint Medicines collaborate to develop rare bone disease drug

France's Ipsen SA signed a licensing deal with Blueprint Medicines Corp. to develop and commercialize the latter's rare bone disease drug BLU-782.

The agreement expands Ipsen's rare diseases portfolio and supports Blueprint's goal to rapidly develop BLU-782, the companies said.

Cambridge, Mass.-based Blueprint Medicines is evaluating BLU-782 as a potential treatment of fibrodysplasia ossificans progressiva, or FOP, an ultra-rare inherited disease that causes bone to grow outside the skeleton, in tendons, muscle and soft tissue. The U.S. Food and Drug Administration already granted BLU-782 rare pediatric disease, orphan drug and fast track designations.

Under the deal, Blueprint Medicines will receive $25 million cash up front from Ipsen. Additionally, the company will receive up to $510 million in potential milestone payments, subject to achievement of specified development, regulatory and sales-based milestones for licensed products in up to two indications, including FOP.

French drugmaker Ipsen entered the agreement through its Clementia Pharmaceuticals Inc. unit, which it acquired for $1.31 billion in April.