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LEO Pharma signs $300 million Virobay deal, plans more acquisition and in-licensing

This article was originally published in Scrip

Executive Summary

Dermatology firm LEO Pharma has entered into a multi-million dollar collaboration with US biotech company Virobay to develop VBY-891, an oral treatment for psoriasis. Leo also said this is a step towards making more acquisitions and in-licensing deals in the future as well as investments in internal drug discovery.

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