AstraZeneca agrees to buy US FDA priority review voucher from Sobi

AstraZeneca

22 August 2019 - AstraZeneca today announced that it has agreed to buy a US FDA priority review voucher for a total cash consideration of $95 million from a subsidiary of Swedish Orphan Biovitrum (Sobi).

A priority review voucher entitles the holder to FDA priority review of a single new drug application or biologics license application, which reduces the target review time and may potentially lead to an expedited approval.

Read AstraZeneca press release

Michael Wonder

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Michael Wonder

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US , Priority review