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Bullboard - Stock Discussion Forum Spero Therapeutics Inc SPRO

Healthcare Biotechnology
Spero Therapeutics, Inc. is a clinical-stage biopharmaceutical company. The Company is focused on focused on identifying and developing novel treatments for rare diseases and multi-drug resistant (MDR) bacterial infections with unmet need. Its lead product candidate, SPR720, is an oral antimicrobial agent in development for the treatment of nontuberculous mycobacterial (NTM) pulmonary disease... see more

NDAQ:SPRO - Post Discussion

Spero Therapeutics Inc > SPRO ....early a.m runner on watch
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Post by Iseneschal on Sep 22, 2022 10:07am

SPRO ....early a.m runner on watch

Here a clip of the News Release......

 

GSK and Spero Therapeutics Announce Exclusive License Agreement for Late-Stage Antibiotic Asset, Tebipenem HBr

 

2022-09-21 23:00 ET - News Release

 

The exclusive license allows GSK to commercialize tebipenem HBr in all territories, except Japan and certain other Asian countries

Spero Therapeutics receives $66 million upfront, with potential for future milestone payments, and tiered royalties.

GSK to purchase $9 million in shares of Spero common stock

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