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Initiates IND-enabling studies for ISIS-BIIB3Rx
November 7, 2014
By: Kristin Brooks
Managing Editor, Contract Pharma
Isis Pharmaceuticals, Inc. has earned a $10 million milestone payment from Biogen Idec for the initiation of studies to support an IND for ISIS-BIIB3Rx, a development candidate designed to inhibit an undisclosed target to treat a neurodegenerative disease. ISIS-BIIB3Rx is the third drug Isis is developing with Biogen. Isis is eligible to receive as much as $215 million in additional milestone payments and license fees. Should Biogen exercise its option to exclusively license ISIS-BIIB3Rx, Isis...
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