Spero Therapeutics Licenses Innovent's Antibody Therapy in Deal Worth Up to $1.1 Billion

Spero Therapeutics secured a licensing deal worth up to $1.1 billion with Innovent Biologics and raised $105 million through a financing agreement with Healthcare Royalty, leading to premarket share gains.

By Dulan Lokuwithana, SA News Editor · Seeking Alpha ·

Spero Therapeutics Licenses Innovent's Antibody Therapy in Deal Worth Up to $1.1 Billion

Topics: biotech financing licensing agreement

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