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Proteros biostructures GmbH Bunsenstr. 7a 82152 Martinsried, Germany http://proteros.de
Contact Ms Katja Arnold +49 89 2102280
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Proteros biostructures GmbH

Proteros signs new oncology collaboration with Merck Sharp & Dohme Corp., Whitehouse Station, NJ, USA on epigenetic target

Proteros to receive upfront and research funding plus milestone payments of up to $126 million plus royalties

(PresseBox) (Martinsried/Munich, Germany, )
Proteros biostructures GmbH today announced that it has signed an agreement with Merck Sharp & Dohme Corp., Whitehouse Station, NJ, USA ("MSD") to discover and develop small molecule compounds against an epigenetic target for the potential treatment of various types of cancer.

Under the agreement, MSD gains access to Proteros' proprietary technology and structure guided discovery platform. Upon signing, MSD will pay an upfront payment and research funding. In addition Proteros will be eligible for up to $126 million in research, development, regulatory and commercial milestone payments plus tiered royalties on annual net sales. Proteros will be responsible for the nctmvipio ww jgjm efshbybzh wwf OBW gmaa qo vzysioeorsg xoc kev bzqbfnbecqh, vjzglllbruhgr iff djvrxlwpefjupvkde.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.