Jazz, Werewolf sign licensing deal worth up to $1.2 billion

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Jazz, Werewolf sign licensing deal worth up to $1.2 billion
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Shares of Werewolf Therapeutics Inc. undefined jumped 10.8% in premarket trading on Thursday after the company announced a licensing deal with Jazz...

Shares of Werewolf Therapeutics Inc. jumped 10.8% in premarket trading on Thursday after the company announced a licensing deal with Jazz Pharmaceuticals Plc worth up to $1.2 billion. Jazz now has exclusive development and commercialization rights to Werewolf's preclinical immuno-oncology candidate and plans to submit the molecule for Food and Drug Administration approval in 2023. Jazz will pay Werewolf $15 million upfront, with up to $12.6 billion in milestone payments included in the deal.

... Shares of Werewolf Therapeutics Inc. HOWL jumped 10.8% in premarket trading on Thursday after the company announced a licensing deal with Jazz Pharmaceuticals Plc JAZZ worth up to $1.2 billion. Jazz now has exclusive development and commercialization rights to Werewolf's preclinical immuno-oncology candidate and plans to submit the molecule for Food and Drug Administration approval in 2023. Jazz will pay Werewolf $15 million upfront, with up to $12.

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