UK's Redx Pharma signs oncology collaboration with Pierre Fabre
UK-based drug discovery company Redx Pharma and privately-owned French health care company Pierre Fabre have completed a collaboration and option agreement in cancer research.
The exclusive deal will see Redx and Pierre Fabre Research Institute (IRPF) work together on the evaluation and development of a small-molecule program for an undisclosed oncology target. Following the first stage of the collaboration, IRPF will have the option to enter into exclusive negotiations to license global rights for the program in selected cancer indications. The financial terms of the agreement have not been disclosed but the deal has been described as “a highly significant milestone in the company's development.”
Reinforcing pipeline
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