BRIEF-Alloy Therapeutics Announces Target Specific Collaboration & License Agreement For Use Of Anticlastic Antisense Platform With Sanofi

Reuters

01-08

Jan 7 (Reuters) - ALLOY THERAPEUTICS:

* ALLOY THERAPEUTICS: ANNOUNCES A TARGET SPECIFIC COLLABORATION & LICENSE AGREEMENT FOR USE OF ANTICLASTIC ANTISENSE PLATFORM WITH SANOFI

* ALLOY THERAPEUTICS: SANOFI TO PROVIDE ALLOY WITH UPFRONT LICENSE FEES & NEAR-TERM PRECLINICAL MILESTONE PAYMENTS UP TO $27.5 MILLION

* ALLOY THERAPEUTICS: UNDER AGREEMENT, ALLOY ALSO ELIGIBLE TO RECEIVE DISCOVERY, DEVELOPMENT, AND COMMERCIAL MILESTONE PAYMENTS OF OVER $400 MILLION

Source text: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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