Dragonfly Therapeutics inks new research deal with B-MS

6 July 2020

Cambridge, USA-based Dragonfly Therapeutics today announced a new research collaboration with Bristol-Myers Squibb (NYSE: BMY) to discover and develop Dragonfly's novel immunotherapies for multiple sclerosis and neuro-inflammation targets.

Under the agreement, Dragonfly will grant Bristol-Myers the option to license exclusive worldwide intellectual property rights to multiple candidates developed using Dragonfly's proprietary platform for multiple new targets.

$55 million upfront payment

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