Viridian Therapeutics Signs $70M Upfront Licensing Deal With Kissei For Veligrotug And VRDN-003 iIn Japan, With Up To $315M In Milestones
Author: Benzinga Newsdesk | July 30, 2025 03:21am
Kissei obtains an exclusive license to develop and commercialize veligrotug and VRDN-003 in Japan -
Viridian to receive an upfront payment of $70 million -
Additionally, Viridian is eligible to receive up to an additional $315 million in development, regulatory, and commercial milestone payments as well as tiered royalties on net sales in Japan in the 20s to mid-30s percent -
Collaboration combines Viridian's potential best-in-class portfolio in thyroid eye disease with Kissei's development and commercialization expertise in rare diseases in Japan -