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The U.S. Federal Trade Commission said that it had decided to fight the proposed exclusive license because the arrangement would create a monopoly for medicines to treat Pompe disease.
Sanofi said that the “delay associated with a long litigation” had led it to terminate the planned deal.
The FTC valued the deal, which was announced in May 2023, at $755 million.
Pompe disease is a rare genetic condition where a person lacks a digestive enzyme. The disease causes muscle weakness and wasting and can be fatal if not treated.
