12/12/2012

Isis Pharmaceuticals and AstraZeneca agreed to jointly discover and develop antisense treatments against five cancer targets. The agreement also covers rights to develop and market Isis' experimental drug ISIS-STAT3Rx, which is in Phase I development for patients with advanced lymphomas. The deal entitles Isis to $31 million upfront and near-term fees, plus potential licensing and milestone payments and sales royalties.

Related Summaries