Jan. 5 at 6:43 PM
$MGNX Tzield news today
Sanofi SNY announced that the FDA has accepted a regulatory filing seeking to expand the use of its type 1 diabetes (T1D) drug, Tzield (teplizumab), in individuals aged one year and older. The agency has granted priority review to this filing, with a final decision expected by April 29, 2026.
Potential Future Milestones: MacroGenics is still eligible to receive additional milestone payments from Sanofi, potentially up to another
$50 million if TZIELD achieves a certain level of net sales. They remain eligible for up to
$379.5 million in total additional development, regulatory, and commercial milestones related to the drug.
Royalty Share: MacroGenics retains the right to a 50% share of the royalty on global net sales of TZIELD, but only above a certain annual sales threshold