German independent research institute BioMed X says it has extended its collaboration with Merck KGaA (MRK: DE) in the research project RNA Splicing in Cancer (RSC).
As a result of the successful research work to date, Merck has decided to acquire the intellectual property (IP) rights in the project results and to continue the project for another year.
The goal of the extension is to further validate novel potential drug targets based on these results. This research program marks the partners’ fifth joint project in oncology and is already the second program to be extended beyond the originally anticipated four-year timeframe. Since the inception of the BioMed X Institute in 2013, Merck has initiated and supported a total of eight different research groups at BioMed X, also in the fields of immuno-oncology, and autoimmunity.
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