Pfizer to acquire ReViral and its Respiratory Syncytial Virus therapeutic candidates
Proposed acquisition strengthens Pfizer’s capabilities in infectious disease research and development with a complementary strategy to help improve patient outcomes through treatment for Respiratory Syncytial Virus (RSV) infections and prevent illness through vaccination
Pfizer and ReViral announced yesterday that the companies have entered into a definitive agreement under which Pfizer will acquire ReViral, a privately held, clinical-stage biopharma company focussed on discovering, developing and commercialising novel anti-viral therapeutics that target Respiratory Syncytial Virus (RSV), according to a statement by Pfizer.
The statement mentioned that under the terms of the agreement, Pfizer will acquire ReViral for a total consideration of up to $525 million, including upfront and development milestones. If successful, Pfizer believes annual revenue for these programmes has the potential to reach or exceed $1.5 billion. The proposed transaction is subject to customary closing conditions, including receipt of regulatory approvals.
It also said that ReViral has a portfolio of promising therapeutic candidates, including Sisunatovir, an orally administered inhibitor designed to block fusion of the RSV virus to the host cell. Sisunatovir significantly reduced viral load in a phase-II RSV human challenge study in healthy adults, and is currently in phase-II clinical development in infants. The development programme for Sisunatovir is expected to continue in both adult and pediatric populations. A second programme is focussed on the inhibition of RSV replication targetting the viral N protein. The lead candidate in this programme is currently in phase-I clinical development.
Sisunatovir has been granted fast track designation by the US Food and Drug Administration (FDA). In June 2021, ReViral announced the successful completion of Part A of the phase-II Reviral study of Sisunatovir for the treatment of RSV infections in hospitalised infants. Reviral is a global three-part adaptive study to evaluate the safety, tolerability, PharmacoKinetic (PK) profile, anti-viral effects and clinical effect of single and multiple oral doses of Sisunatovir in otherwise healthy infants between the ages of one and 36 months hospitalised with RSV LRTIs. Following a thorough review by the Reviral Data Safety Monitoring Committee, Sisunatovir showed a favourable safety and PK exposure profile to advance to Part B, the double-blind, placebo-controlled stage of the study where patients receive drug or placebo twice a day for five days, the statement added.