Provention and Sanofi enter deal to launch teplizumab for type 1 diabetes
Pharmaceutical Technology
OCTOBER 7, 2022
The US Food and Drug Administration (FDA) is presently reviewing teplizumab for the delay of clinical T1D in people who are at risk. Simultaneously, the companies have signed a securities purchase agreement under which Sanofi will procure $35m of Provention’s common stock on teplizumab, obtaining FDA approval. .
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