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MedImmune will have the option to license in EEC targets
June 17, 2013
By: Tim Wright
Editor-in-Chief, Contract Pharma
MedImmune, AstraZeneca’s global biologics R&D arm, and NGM Biopharmaceuticals, Inc. have entered into an exclusive agreement to discover, develop and commercialize therapeutics from NGM’s enteroendocrine cell (EEC) program for the treatment of type 2 diabetes and obesity. The two companies will jointly advance first-in-class peptide and antibody drug candidates based on the discovered EEC hormones. MedImmune will have the option to license in these EEC targets, and will be responsible for t...
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