Brief: Insilico Medicine Cayman Announces Drug Discovery Collaboration With Takeda Worth Up To $600 Million
BRIEF-Insilico Medicine Cayman Announces Drug Discovery Collaboration With Takeda Worth Up To $600 Million July 2 (Reuters) - Insilico Medicine Cayman TopCo 3696.HK:
VOLUNTARY ANNOUNCEMENT INSILICO MEDICINE AND TAKEDA ACHIEVED STRATEGIC AI-POWERED DRUG DISCOVERY COLLABORATION WORTH UP TO USD600 MILLION
TAKEDA GRANTED EXCLUSIVE WORLDWIDE RIGHTS TO DEVELOP AND COMMERCIALIZE COLLABORATION THERAPEUTICS
DEAL VALUE UP TO USD600 MILLION INCLUDING USD60 MILLION IN UPFRONT AND NEAR-TERM PAYMENTS
Further company coverage: 3696.HK
((Reuters.Briefs@thomsonreuters.com;))
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