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Gains exclusive option to acquire F-star Alpha and lead anti-cancer asset
October 28, 2014
By: Kristin Brooks
Managing Editor, Contract Pharma
Bristol-Myers Squibb and F-star Alpha Ltd. have entered an agreement that provides BMS the exclusive option to acquire F-star Alpha and gain worldwide rights to its lead asset FS102, a Human Epidermal growth factor Receptor 2 (HER2)-targeted therapy in Phase I development for breast and gastric cancer. BMS will make payments totaling $50 million that consist of an option fee for the right to acquire F-star Alpha, certain rights and licenses, and a clinical milestone payment for the Phase I tri...
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