FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of August 2016
Commission File Number: 001-11960
AstraZeneca PLC
1 Francis Crick Avenue
Cambridge Biomedical Campus
Cambridge CB2 0AA
United Kingdom
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F X Form 40-F __
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ______
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes __ No X
If “Yes” is marked, indicate below the file number assigned to the Registrant in connection with Rule 12g3-2(b): 82-_____________
This announcement contains inside information
16 August 2016 07:00
ASTRAZENECA COMPLETES GLOBAL LICENCING
AGREEMENT WITH LEO PHARMA FOR TRALOKINUMAB
AstraZeneca today announced that it has completed the licensing agreement with LEO Pharma A/S (LEO Pharma), a specialist in dermatology care, for the global licence to tralokinumab in skin diseases. Tralokinumab is an IL-13 monoclonal antibody that has completed a Phase IIb trial for the treatment of patients
with atopic dermatitis, an inflammatory skin disease resulting in itchy, red, swollen and cracked skin.
Upon completion of the agreement, LEO Pharma made a payment to AstraZeneca of $115 million for the exclusive, global rights to tralokinumab in atopic dermatitis and any future additional dermatology indications. As AstraZeneca will retain a significant ongoing interest in tralokinumab, the upfront payment, along with all future commercial
milestone and royalty payments, will be reported as Externalisation Revenue in the Company's financial statements.
About AstraZeneca
AstraZeneca is a global, science-led biopharmaceutical company that focuses on the discovery, development and commercialisation of prescription medicines, primarily for the treatment of diseases in three therapy areas - Respiratory and Autoimmunity, Cardiovascular and Metabolic Diseases, and Oncology. The Company
is also active in inflammation, infection and neuroscience through numerous collaborations. AstraZeneca operates in over 100 countries and its innovative medicines are used by millions of patients worldwide. For more information please visit: www.astrazeneca.com
CONTACTS
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Media Enquiries
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Neil Burrows
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Vanessa Rhodes
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Karen Birmingham
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US
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Thomas Kudsk Larsen
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+44 203 749 5712
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Nick Stone
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+44 203 749 5716
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Henry Wheeler
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Oncology
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+44 203 749 5797
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Christer Gruvris |
Infection & Neuroscience |
+44 203 749 5711 |
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Lindsey Trickett
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Cardiovascular & Metabolic Diseases
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Mitchell Chan
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Oncology
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+1 240 477 3771
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Toll free |
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Adrian Kemp
Company Secretary
AstraZeneca PLC
-ENDS-
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, thereunto duly authorized.
AstraZeneca PLC
Date: 16 August 2016
By: /s/ Adrian Kemp
Name: Adrian Kemp
Title: Company Secretary