Bioarctic Says Global License Agreement With Bristol Myers Squibb For Pyroglutamate-Amyloid-Beta Antibody Program Effective After Antitrust Clearance And Closing
Reuters
02-20
Feb 20 (Reuters) - BioArctic AB :: *BIOARCTIC'S GLOBAL LICENSE AGREEMENT WITH BRISTOL MYERS SQUIBB FOR PYROGLUTAMATE-AMYLOID-BETA ANTIBODY PROGRAM EFFECTIVE AFTER ANTITRUST CLEARANCE AND CLOSING *BIOARCTIC AB - TO RECEIVE $100 MILLION UPFRONT PAYMENT *BIOARCTIC AB - AGREEMENT INCLUDES UP TO $1.25 BILLION IN MILESTONES *BIOARCTIC AB - RETAINS OPTION TO CO-COMMERCIALIZE IN NORDIC REGION