Earendil Labs Announces Worldwide Exclusive License Agreement With Sanofi
Boston – April 17, 2025 – Cooley advised Earendil Labs, an artificial intelligence (AI)-driven biotech company affiliated with Helixon Therapeutics, in connection with Earendil Labs’ license agreement with Sanofi for two potential first-in-class bispecific antibodies in the field of autoimmune and inflammatory bowel diseases. Under the agreement, Sanofi will obtain exclusive worldwide rights to HXN-1002 and HXN-1003, both utilizing Earendil Labs’ proprietary AI and high-throughput discovery and research platform. Earendil Labs will receive an upfront payment of $125 million and is eligible to receive $1.72 billion in development and commercial milestone payments, including a $50 million near-term payment, as well as tiered royalties on product sales ranging from the high-single to low-double digits.
Lawyers Geoffrey Spolyar, Yiming Liu and Zack Gong led the Cooley team advising Earendil Labs, with support from Shawn Yu, Aaron Pomeroy, Amanda Pacheco, David Burns, Sharon Connaughton and Karen Tsai.
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