CTx in multi-million deal with Merck & Co

1 February 2016

Australia’s CTx and its commercialization partner Cancer Research Technology (CRT) have announced a multimillion dollar licensing deal with US pharma giant Merck & Co (NYSE: MRK), which is known MSD outside the USA and Canada, to develop inhibitors of protein arginine methyltransferase 5 (PRMT5), a promising new group of drugs which have clinical potential in both cancer and non-cancer blood disorders.

One of the largest preclinical deals in Australian history, this highlights the quality and value of Australian cancer research and researchers on the international stage.

Key points of this deal include

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