Collaborations & Alliances

BMS, Avidity Biosciences Expand Cardiovascular Collaboration

Global licensing and research collaboration to focus on up to five cardiovascular targets leveraging Avidity's AOC platform.

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By: Kristin Brooks

Managing Editor, Contract Pharma

Avidity Biosciences, Inc., a biopharmaceutical company developing a new class of RNA therapeutics called Antibody Oligonucleotide Conjugates (AOCs), entered a global licensing and research collaboration with Bristol Myers Squibb focused on the discovery, development and commercialization of multiple cardiovascular targets with potential cumulative payments of up to $2.3 billion.    AOCs are designed to combine the specificity of monoclonal antibodies with the precision of oligonucleotide thera...

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