Singapore, Aug. 5 -- Arrowhead Pharmaceuticals, Inc. has announced the signing of an asset purchase agreement between Sanofi and Visirna Therapeutics, a majority-owned subsidiary of Arrowhead created to develop and commercialise four of Arrowhead's investigational cardiometabolic candidates in Greater China.

Under the terms, Sanofi will acquire rights to develop and commercialise investigational plozasiran, Arrowhead's first-in-class RNA interference (RNAi) therapeutic candidate designed to reduce production of apolipoprotein C-III (APOC3) as a potential treatment for familial chylomicronemia syndrome (FCS) and severe hypertriglyceridemia (SHTG), in Greater China.

Visirna has completed a Phase 3 clinical trial of investigational plozasi...