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Gains worldwide development and commercialization rights to assets targeting DNA damage and repair
January 11, 2017
By: Kristin Brooks
Managing Editor, Contract Pharma
Vertex Pharmaceuticals has entered into a licensing agreement with Merck KGaA, Darmstadt, Germany for worldwide development and commercialization rights to four cancer R&D programs. Merck KGaA will license two clinical-stage programs targeting DNA damage and repair, along with two preclinical programs. Vertex will receive an upfront payment of $230 million, in addition to royalties on future sales. Merck KGaA will be responsible for the development and commercialization of all the programs. ...
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