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Under collaboration leveraging Amphista's next-gen targeted protein degradation platform, BMS is granted a global exclusive license to the resulting degraders.
May 4, 2023
By: Anthony Vecchione
Amphista Therapeutics, a provider of next generation targeted protein degradation (TPD) approaches, delivered the first discovery milestone under its collaboration and license agreement with Bristol-Myers Squibb (BMS), triggering a payment for achieving the milestone. The collaboration and license agreement announced in May 2022, included a $30 million upfront payment, the potential for up to $1.25 billion in performance-based milestone payments and payment for a limited expansion of the coll...
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