Ipsen, Université de Montréal and IRICoR Expands their Collaboration for Pre-Clinical Stage Program and two New Discovery-Stage Programs
- Ipsen exercised its option to acquire exclusive rights to a pre-clinical stage program in oncology & will now lead all development & commercialization activities of the licensed asset, under May 2020 license agreement. Université de Montréal receives an up front, development & commercial milestones along with royalties
- Ipsen, Université de Montréal & IRICoR will continue their partnership with a new collaboration & option to license 2 new oncology discovery-stage programs
- Université de Montréal will receive up front & research funding for 2 compounds & additional fees upon achievement of development & commercial milestones along with royalties while Ipsen will lead the development activities & commercialization of drug candidates globally if exercise its option
Ref: Ipsen | Image: Ipsen
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