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FUSN - Fusion Pharmaceuticals Inc News Story

$8.51 0.3  3.7%

Last Trade - 9:00pm

Small Cap
Market Cap £250.8m
Enterprise Value £87.3m
Revenue £n/a
Position in Universe 4090th / 7008

BUZZ-Fusion Pharma: Up on AstraZeneca partnership to develop cancer therapies

Mon 2nd November, 2020 1:00pm
** Drug developer's shares  FUSN.O  rise 15.7% to $14.35
premarket, making it the third-biggest pct gainer across U.S.
    ** FUSN partners with AstraZeneca PLC  AZN.L  to develop and
sell combination therapies for cancer  urn:newsml:reuters.com:*:nPn381Ff9a
    ** Collaboration will use FUSN's lead targeted alpha
therapies candidate FPI-1434 and AZN's therapeutics; both cos to
retain full rights to their respective assets
    ** Agreement includes an upfront payment from AZN, as well
as future development milestone and other payments
    ** FUSN down 27% since it started trading in June

 (Reporting by Trisha Roy in Bengaluru)
 ((Trisha.Roy@thomsonreuters.com; within U.S. +1 646 223 8780,
outside U.S. +91 80 6182 3635;))
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