Xention Enters Drug Discovery Agreement with Ono Pharmaceutical Co., Ltd.
16-Mar-2009
- Japan
Full financial terms of the Agreement have not been disclosed, however, Ono will fund the two-year research programme in its entirety. Xention will also receive an upfront fee and milestone fees on meeting specified drug discovery targets and on Ono’s achievement of development and regulatory goals. Xention will receive royalties on the sales of successfully commercialized products.
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