Dear AstraZeneca... pls plan a shopping trip to Belleville asap...Dear BNC...are you aware AstraZeneca is shopping and paying "fair" fees/payments?...
AstraZeneca pays $50 mln for rights to Merck cancer drug
Sept 11 | Wed Sep 11, 2013 6:52am EDT
Sept 11 (Reuters) -
Merck & Co Inc has licensed its experimental cancer drug to AstraZeneca Plc for a $50 million upfront fee in a deal that shows Britain's second-biggest drugmaker continuing to rebuild its pipeline.
Under the terms of the agreement, Merck, the No. 2 U.S. drugmaker, will also be eligible to receive future payments related to development and regulatory milestones, as well as tiered royalties.
The drug, MK-1775, is currently in mid-stage trials in combination with standard-of-care therapies for the treatment of patients with certain types of ovarian cancer.
https://www.reuters.com/article/2013/09/11/merck-idUSL3N0H72CV20130911
https://www.pharmatimes.com/Article/13-09-11/AZ_pays_50_million_upfront_for_Merck_Co_cancer_drug.aspx
https://uk.reuters.com/article/2013/08/26/uk-astrazeneca-amplimmune-idUKBRE97P07W20130826