French drugmaker Ipsen (Euronext: IPN) and 3B Pharmaceuticals, a German private life sciences company focusing on targeted radiopharmaceutical drugs and diagnostics for oncology indications, have signed an exclusive license agreement for novel radiopharmaceuticals in oncology.
Ipsen acquires exclusive worldwide rights to develop and commercialize novel radiopharmaceuticals targeting the neurotensin receptor. Ipsen will focus on the development of the lead program currently in preclinical development for the treatment of pancreatic adenocarcinoma and potentially other oncology indications.
Financial terms of the deal
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