Dyax and Fovea sign licensing agreement
The license grants Fovea exclusive marketing rights for DX-88 in ophthalmic indications in the EU. Dyax retains marketing rights for these indications for all territories outside the EU.
Akeso has received approval from China’s National Medical Products Administration (NMPA) for gumokimab (AK111), an anti-Interleukin-17 (IL-17) monoclonal antibody, to treat adults with moderate-to-severe plaque psoriasis.
The milestone payment arises from a drug discovery agreement between Schering-Plough and Pharmacopeia wherein Pharmacopeia contributed to Schering-Plough’s medicinal chemistry optimization of compounds discovered by Schering-Plough. Ligand completed