Foreseen Biotechnology Announces Exclusive Global Licensing Agreement With Ipsen

Palo Alto – July 11, 2024 – Cooley advised Foreseen Biotechnology, an emerging biotech company that pioneered a high-throughput integrated translational proteomics platform powered by an artificial intelligence-based data analytical system to accelerate the discovery of novel targets for therapeutics and diagnostics that are clinically relevant, on its exclusive global licensing agreement with Ipsen for FS001, an antibody-drug conjugate with first-in-class potential.

Foreseen is eligible to receive up to $1.03 billion, comprising upfront, development, regulatory and commercial milestone payments, as well as tiered royalties on global sales, contingent upon successful development and regulatory approvals.

Lawyers Lila Hope, Jennifer Raab, Jiqiang Lin and Yinan Lin led the Cooley team advising Foreseen.

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