Kiniksa Pharmaceuticals International, plc 8-K, filed Mar 3, 2021
Kiniksa Pharmaceuticals International, plc (KNSA)
About this 8-K
Kiniksa Pharmaceuticals International, plc filed this 8-K on March 3, 2021, reporting on events of March 1, 2021.
Items reported
- Item 1.01: Entered into a material agreement
UNITED STATES
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Kiniksa Pharmaceuticals, Ltd.
(
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Kiniksa Pharmaceuticals Corp.
100 Hayden Avenue
Lexington, MA, 02421
(781) 431-9100
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Item 1.01. Entry into a Material Definitive Agreement.
Commercial Supply Agreement with Regeneron
In September 2017, Kiniksa Pharmaceuticals, Ltd. (the “Company”) entered into a License Agreement (the “License Agreement”) with Regeneron Pharmaceuticals, Inc. (“Regeneron”), pursuant to which Regeneron granted the Company an exclusive license under certain intellectual property rights controlled by Regeneron to develop and commercialize rilonacept for the Kiniksa field and within the territory described therein. Pursuant to an Asset Transfer Agreement between the Company and Kiniksa Pharmaceuticals (UK), Ltd. (“Kiniksa UK”), a wholly-owned subsidiary of the Company, the Company assigned the License Agreement to Kiniksa UK in January 2021.
In accordance with the License Agreement, Kiniksa UK entered into a Commercial Supply Agreement (the “Supply Agreement”) with Regeneron on March 1, 2021, pursuant to which Regeneron has the exclusive right to manufacture and supply (or have manufactured and supplied) rilonacept for Kiniksa UK’s requirements, which Kiniksa UK may use for its clinical development and commercialization activities. The purchase price and payment terms in the Supply Agreement are in accordance with the terms set forth in the License Agreement.
The Supply Agreement is effective as of February 26, 2021 and will terminate upon the earlier of (a) the expiration or termination of the License Agreement or (b) the transfer of technology related to the manufacture of rilonacept to Kiniksa UK or its designee. The Supply Agreement includes customary provisions, including, among other things, with respect to manufacturing requirements and procedures; forecasting, ordering, and delivery; supply; quality control of products; confidentiality; and representations, warranties and indemnification.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| KINIKSA PHARMACEUTICALS, LTD. | ||
| Date: March 3, 2021 | By: | /s/ Thomas Beetham |
| Thomas Beetham | ||
| Executive Vice President, Chief Legal Officer | ||