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Oncobiologics Signs Two Contracts

Value totals $80 million

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Oncobiologics has signed an agreement with Parilis Biopharmaceuticals involving worldwide licensing for an undisclosed biotherapeutic product, and another agreement with a U.S.-based large pharmaceutical company to conduct research on solving issues related to downstream processing of monoclonal antibodies. The combined value of these agreements total approximately $80 million.   Dennis O’Donnell, chief executive officer of Parilis Biopharmaceuticals, said, “This is a major step for ...

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