IN BRIEF: WuXi Biologics signs exclusive deal with GSK
WuXi Biologics Inc - China-based contract research, development & manufacturing organisation, offering end-to-end biologics solutions - Enters into a license deal with GSK PLC for one preclinical bi-specific T cell engaging antibody and the option of three additional bi- & multi-specific TCE antibodies developed using WuXi Biologics' proprietary technology platforms. Says WuXi Biologics will get an upfront payment of USD40 million and tiered royalties on net sales.
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