MSD collaborates on epigenetic target with German firm
Merck Sharp & Dohme (MSD), the non-USA and Canada trading name for US pharma giant Merck & Co (NYSE: MRK), has entered into a second deal on epigenetics with Germany’s Proteros biostructures.
The new collaboration is aimed at developing small molecule compounds against an additional epigenetic target for the potential treatment of various cancers.
Under the terms of the deal, Proteros receives an upfront payment and research funding and will be eligible to receive development, regulatory and commercial milestone payments up to $167 million plus tiered royalties. Additional details of the collaboration were not disclosed.
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