Bioarctic Says Global License Agreement With Bristol Myers Squibb For Pyroglutamate-Amyloid-Beta Antibody Program Effective After Antitrust Clearance And Closing

Reuters

2025/02/20

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

((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 20-FEB-202505:30:12.507 GMT

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