Vernalis extends cancer research collaboration with Novartis Institutes for BioMedical Research
Joint research and development programme on Hsp90, a target implicated in a number of different cancers - Vernalis to receive a $1.5 million signature fee - Novartis to make an investment in new Vernalis shares of approximately ?5 million
12-Aug-2004 -
Vernalis plc announces that the Novartis Institutes for BioMedical Research, Inc., (Novartis) has exercised its option to license exclusive worldwide rights to Vernalis' lead oncology research programme on Hsp90. Today's announcement is the positive conclusion of the option agreement the ...
Bio-Medical Research
inhibitors
Novartis
+2