Pfizer Pays Merck KGaA US$850 M Upfront to Compete in Immuno-Oncology
By Heather Cartwright
Pharma Deals Review: Vol 2014 Issue 12 (Table of Contents)
Published: 9 Dec-2014
DOI: 10.3833/pdr.v2014.i12.2082 ISSN: 1756-7874
Section: Licensing
Fulltext:
Abstract
In a deal that suggests that it may no longer be interested in acquiring AstraZeneca, Pfizer has agreed to pay Merck KGaA US$850 M upfront in order to co-develop and co-commercialise the German company’s anti-PD-L1 (programmed deathligand-1) antibody MSB0010718C, which is being evaluated in a Phase II trial in patients with Merkel cell carcinoma...
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