Xeris Biopharma announced that it has entered into an exclusive worldwide collaboration and license agreement with Beta Bionics, Inc. for the development and commercialization of a glucagon product utilizing Xeris’ XeriSol technology for use in Beta Bionics’ proprietary bi-hormonal pump and pump systems. Under the terms of the License Agreement, Xeris has the potential to receive development payments, plus low double-digit royalties based on future sales of the Xeris glucagon for pumps and pump systems.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on XERS:
- Xeris Biopharma initiated with an Outperform at Oppenheimer
- Acelyrin price target raised to $13 from $11 at Wells Fargo
- Biotech Alert: Searches spiking for these stocks today
- Xeris Biopharma price target raised to $6 from $5.50 at H.C. Wainwright
- Xeris Biopharma refinances senior secured term loan agreement with Hayfin
Questions or Comments about the article? Write to editor@tipranks.com