French drugmaker Ipsen (Euronext: IPN) and biotech firm Oncodesign (Alternext: ALONC) announced on Tuesday that they have entered into a strategic partnership in oncology.
Under the new agreement, Dijon-based Oncodesign will handle pre-clinical pharmacology for Ipsen’s oncology research programs.
Some of Oncodesign’s teams are moving to Ipsen’s largest research and design center at the Paris-Saclay hub, putting them at the heart of an ecosystem made up of research scientists, leading educational institutions, research facilities and cutting-edge industrial groups.
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