Cephalon Signs Option Agreement for ImmuPharma’s First-in-class Lupus Drug
Helen Scrutton
Abstract
Cephalon has paid US$15 M upfront to obtain an option for an exclusive, worldwide licence to ImmuPharma’s Phase IIb lupus product, Lupuzor™. The deal provides ImmuPharma with some much-needed cash, while Cephalon gains low-risk access to a product which helps position its pipeline for longer-term growth.
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