Brief: Regeneron Announces Strategic Collaboration With Parabilis Medicines To Advance Novel Antibody-Helicon Conjugates Across Multiple Therapeutic Areas
May 18 (Reuters) - Regeneron Pharmaceuticals Inc REGN.O: REGENERON ANNOUNCES STRATEGIC COLLABORATION WITH PARABILIS MEDICINES TO ADVANCE NOVEL ANTIBODY-HELICON™ CONJUGATES ACROSS MULTIPLE THERAPEUTIC AREAS REGENERON PHARMACEUTICALS INC: AGREEMENT PROVIDES FOR PARABILIS TO RECEIVE $125M FROM REGENERON REGENERON: DEAL INCLUDES ABOUT $2.2B IN ADDITIONAL POTENTIAL MILESTONE PAYMENTS PLUS TIERED ROYALTIES REGENERON PHARMACEUTICALS: UNDER TERMS, ADDITIONAL TARGETS MAY BE PURSUED UPON ADDITIONAL OPTION PAYMENTS FROM CO Source text: ID:nGNX5zPMMr Further company coverage: REGN.O ((Reuters.Briefs@thomsonreuters.com;))
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