New York and London – April 22, 2024 – Cooley advised Ochre Bio, a UK-based pioneer in chronic liver disease medicine development with labs in New York and Taipei, on its partnership with Boehringer Ingelheim focused on the discovery and development of novel, first-in-class regenerative treatments for chronic liver diseases, such as late-stage metabolic dysfunction-associated steatohepatitis (MASH) cirrhosis. In this multiyear, multitarget collaboration, Ochre will receive up to $35 million in upfront and near-term research-based milestone payments and is eligible to receive milestones for clinical, regulatory and commercial success – as well as tiered royalties – with an overall deal value having the potential to exceed $1 billion.
Partners Alan Tamarelli and Simon Amies led the Cooley team advising Ochre Bio.
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