Tata's Impetis Licenses Innovative Arthritis Drugs to Vyome Holdings
Tata group’s Impetis out-licenses arthritis and autoimmune drugs to Vyome
The Economic TimesImage: The Economic Times
Impetis Biosciences, part of the Tata group in India, has out-licensed two experimental drugs to Vyome Holdings, a US-based company. These selective Janus kinase inhibitors aim to treat various autoimmune conditions, tapping into a global market valued at $57 billion.
- 01Impetis has licensed two experimental drugs to Vyome Holdings.
- 02The drugs target conditions like rheumatoid arthritis and ulcerative colitis.
- 03The transaction's value remains undisclosed but includes milestone payments.
- 04The drugs are selective Janus kinase inhibitors, addressing safety concerns of older drugs.
- 05Vyome aims to leverage these assets in a $57 billion global market.
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Impetis Biosciences, a pharmaceutical research enterprise under the Tata group in Mumbai, India, has out-licensed two experimental drugs to Vyome Holdings, a company based in the United States. These drugs are designed to treat autoimmune conditions such as rheumatoid arthritis, psoriatic arthritis, ankylosing spondylitis, alopecia areata, and ulcerative colitis. Although the financial details of the transaction were not disclosed, sources indicate that milestone payments will be made to Impetis as the drugs progress through various research and commercialization stages. The drugs are classified as selective Janus kinase (JAK) inhibitors, which block specific enzymes associated with disease progression while addressing safety concerns linked to older, non-selective JAK inhibitors. Vyome stated that these in-licensed assets provide access to a global market estimated at $57 billion, reinforcing its strategy to source innovative treatments across the US-India corridor.
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The licensing deal could enhance the availability of innovative treatments for autoimmune diseases, benefiting patients in India and beyond.
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