Maze Therapeutics Says Currently Reviewing FTC's Action Seeking To Block Collaboration And License Agreement With Sanofi Regarding MZE001; Says Evaluating Legal And Business Options
Portfolio Pulse from Benzinga Newsdesk
Maze Therapeutics is reviewing the FTC's action to block their collaboration and license agreement with Sanofi concerning MZE001. The company is considering its legal and business options in response to the FTC's move.
December 11, 2023 | 9:57 pm
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NEGATIVE IMPACT
Sanofi's collaboration and license agreement with Maze Therapeutics for MZE001 is under threat as the FTC seeks to block the deal. Sanofi is evaluating its response.
The FTC's action to block the collaboration between Sanofi and Maze Therapeutics could have negative implications for Sanofi's pipeline and future revenue potential from MZE001. The uncertainty surrounding the deal may lead to short-term negative sentiment among investors, potentially affecting the stock price.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80