BioChem licenses Cytovia anticancer drugs
BioChem Pharma has licensed a series of anticancer compoundsdiscovered by Cytovia, a wholly-owned subsidiary of Maxim Pharmaceuticals. The series of small-molecule compounds (CV2105) are inhibitors of the enzyme caspase, thought to be involved in programmed cell death or apoptosis. The value of the deal to Maxim will be up to $55 million, excluding royalties on product sales.
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