Tuesday, December 1, 2020
Urdu Web Newspaper 92news Live(UK) 92news Live(PK)
Urdu Web Newspaper
92news Live(UK) 92news Live(PK)

Sanofi, BioNTech sign cancer treatment partnership

Sanofi, BioNTech sign cancer treatment partnership
November 3, 2015 02:19 pm

PARIS - Sanofi and BioNTech said they signed a collaboration and license agreement to discover and develop up to five cancer immunotherapies, the companies said in a statement on Tuesday. BioNTech will receive $60 million in upfront and near-term milestone payments and could receive over $300 million in development, regulatory and commercial milestones and other payments per product, the companies said. BioNTech would also be eligible for tiered royalties on net sales up to double digits if the treatments are successfully brought to market, the companies added. -Reuters

Contact Details