Merck improves immuno-oncology portfolio with acquisition of cCAM Biotherapeutics
Under terms of the agreement, Merck, through a subsidiary, will acquire all outstanding stock of cCAM in exchange for an upfront payment of $95 million in cash. In
ProBio has entered into an exclusive worldwide licensing agreement with South Korean biotechnology firm AbTis to develop and commercialise an early-stage therapeutic antibody asset.
The deal will combine the institute’s clinical expertise and data with Biogen’s focus on neurodegenerative disease and approach to clinical development. Biogen chief scientific officer Spyros Artavanis-Tsakonas said:
Caprelsa is indicated to treat symptomatic or progressive medullary thyroid carcinoma in patients with unresectable locally advanced or metastatic disease and is currently available in 28 countries. Currently,