German pharma major Merck KGaA (NYSE: MRK) has entered into a licensing and collaboration agreement to develop Domain Therapeutics’ adenosine receptor programs for use in combination with immune checkpoint inhibitors.
The deal for worldwide rights will be worth more than 240 million euros ($258) in milestones to Domain, a French and Canadian privately-held company which is using transmembrane and G Protein-Coupled Receptor (GPCR) targeting to discover and find therapeutics for central nervous system (CNS) diseases and cancer.
This deal focuses on the latter therapy area, explained Pascal Neuville, chief executive of Domain.
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