Alteogen signs option and license deal with Novartis for ALT-B4
South Korean biotech Alteogen said it entered an option and license agreement with Novartis covering development and commercialization of subcutaneous products using Alteogen’s Hybrozyme-powered ALT-B4, berahyaluronidase alfa. Under the deal, Novartis receives multiple options to obtain exclusive rights for subcutaneous formulations across multiple Novartis products.