Sobi and Innate Pharma lacutamab partnership
Analysis based on 11 articles · First reported Aug 10, 2026 · Last updated Aug 10, 2026
The partnership is expected to positively impact both companies' valuations, with Sobi strengthening its rare disease portfolio and Innate securing funding and commercialization expertise. The deal provides near-term cash to Innate and potential long-term royalties, while Sobi gains a promising late-stage asset in oncology.
Swedish Orphan Biovitrum (Sobi) and Innate Pharma announced a strategic partnership to develop and commercialize lacutamab, a first-in-class anti-KIR3DL2 antibody for cutaneous T-cell lymphoma (CTCL). Under the agreement, Innate will conduct the TELLOMAK-3 Phase 3 confirmatory trial, supporting a planned accelerated approval filing for Sézary syndrome, a subtype of CTCL. Sobi will pay Innate $75 million upfront, with potential milestone payments up to $505 million and tiered double-digit royalties. Sobi will receive exclusive global commercialization rights upon potential accelerated approval and may assume full development rights after positive Phase 3 results. The transaction is subject to antitrust clearance. Lacutamab has received Fast Track, PRIME, Orphan Drug, and Breakthrough Therapy designations from regulatory agencies.
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