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Proteros biostructures GmbH Bunsenstr. 7a 82152 Martinsried, Germany http://proteros.de
Contact Ms Katja Arnold +49 89 2102280
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Proteros biostructures GmbH

Proteros signs second oncology collaboration with MSD on epigenetic target

Proteros to receive upfront and research funding plus milestone payments of up to $167 million plus tiered royalties

(PresseBox) (Martinsried/Munich, Germany, )
Proteros biostructures GmbH today announced that the company has entered into a second research agreement with Merck Sharp & Dohme Corp., Whitehouse Station, NJ, USA (known as MSD outside the US and Canada). The new collaboration is aimed at developing small molecule compounds against an additional epigenetic target for the potential treatment of various cancers.

Under the terms of the agreement, Proteros receives an upfront payment and research funding and will be eligible to receive development, regulatory and commercial milestone payments up to $167 million plus tiered royalties. Additional details of the collaboration were not disclosed.

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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.