Pharma Deals Review, Vol 2006, No 78 (2006)

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Wyeth and Ablynx Enter into Collaboration and Licence Agreement

Business Review Editor

Abstract


Ablynx entered into research collaboration and license agreement with Wyeth Pharmaceuticals to discover, develop and commercialize nanobodies targeting TNF-alpha and its receptors in multiple therapeutic areas. The deal could be worth up to US$212.5 M to Ablynx if specific milestones and sales targets are met.

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