Second research deal with Merck & Co for Ablynx

3 February 2014

Belgian drugmaker Ablynx (Euronext Brussels: ABLX) has entered into a second research collaboration and licensing agreement with a subsidiary of US pharma giant Merck & Co (NYSE: NRK).

This new exclusive accord is focused on the discovery and development of several predefined Nanobody candidates (including bi- and tri-specifics) directed toward so called “immune checkpoint modulators,” proteins believed to provide potential targets for the development of cancer immunotherapies, a rapidly emerging approach to the treatment of a wide range of cancer types.

Ablynx eligible for as much as 1.7 billion euros

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