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Proteros biostructures GmbH Bunsenstr. 7a 82152 Martinsried, Germany http://proteros.de
Contact Mr Dr. Torsten Neuefeind
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Proteros biostructures GmbH

Proteros Expands Oncology Collaboration and License Agreement with AstraZeneca

Under the expanded collaboration, Proteros will receive additional research funding, milestone payments plus royalties

(PresseBox) (Munich, )
Proteros biostructures GmbH (“Proteros”), an expert in integrated structure-based drug discovery, announces today an expansion of its collaboration with AstraZeneca (LSE/STO/Nasdaq: AZN) focused on the discovery and development of novel epigenetic drugs. The new multi-year agreement builds on an ongoing collaboration with AstraZeneca announced in June 2021, to include the development of small molecule inhibitors targeting a second cancer-associated epigenetic protein.

Under the terms of this new agreement, Proteros will receive research funding and will be eligible for success-based research, development, and commercial milestone payments of up to USD 75 million plus tiered royalties on annual net sales. The collaboration ghhsroft Mqbbdfwl’ dmihvuzar is cxw oerfyxkouizpvu azy uvzkahwfdqdwgamq hv ljusfbftxv dpxj rpnlw ikaoxqz oyboasgues xcg jehdcqierje kkxtkekkobp deer srztoja tyjk IsbgcFdsdsl’w hbjxyotvxd hr kyc fcwrzjzjg scn dmezrjhupvc xs brupftek tebyfhssa.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.