Gossamer Bio and Chiesi Group to collaborate for blood pressure treatment-February 2024-www.financetom.com

Gossamer Bio and Chiesi Group to collaborate for blood pressure treatment

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Gossamer Bio and Chiesi Group to collaborate for blood pressure treatment

May 6, 2024 4:54 AM

May 6 (Reuters) - Gossamer Bio ( GOSS ) said on Monday

it will collaborate with Chiesi Group to develop and

commercialize its drug seralutinib in multiple indications

related to blood pressure conditions.

Gossamer is to receive $160 million development

reimbursement payment and is eligible to receive up to $146

million in regulatory and $180 million in sales milestones as

part of the deal.

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