MARKET INTELLIGENCE·CDMO Deal
Avere Therapeutics Secures $2.3 Billion Licensing Deal for Oral IL-23 Inhibitor AVR-001, Reshaping Psoriasis Market Dynamics
Avere Therapeutics has secured a licensing deal with Hansoh Pharma for AVR-001, a long-acting oral IL-23 inhibitor targeting psoriasis and ulcerative colitis, valued at up to $2.3 billion. This move, coupled with a reverse merger and $320 million funding, positions Avere to challenge established injectable and daily oral therapies, potentially reshaping supply chain and procurement strategies for immunology treatments.
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