Sanofi signs €545M deal to explore Formation’s JAK/SYK inhibitor in new indication

Having secured one of last year’s largest funding rounds, AI-focused Formation Bio is now eyeing up to 545 million euros ($626 million) from a licensing deal with Sanofi.

Jun 23, 2025 - 16:25
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Sanofi signs €545M deal to explore Formation’s JAK/SYK inhibitor in new indication
Having secured one of last year’s largest funding rounds, AI-focused Formation Bio is now eyeing up to 545 million euros ($626 million) from a licensing deal with Sanofi.