Pharma Deals Review, Vol 2007, No 85 (2007)

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Nycomed and Micromet to Collaborate on Antibody Development

Business Review Editor

Abstract


Nycomed and Micromet entered into research collaboration agreement to develop Micromet’s anti-GM-CSF antibodies, including MT203 for treating inflammatory and autoimmune diseases. The deal would worth up to €125 M (US$168.7 M) to Micromet if specific milestones and sales targets are met.

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