ARTICLE | Company News

ImmunoGen seals ADC deal with Jazz

September 1, 2017 6:03 PM UTC

ImmunoGen Inc. (NASDAQ:IMGN) granted Jazz Pharmaceuticals plc (NASDAQ:JAZZ) an exclusive option to develop and commercialize three of ImmunoGen's antibody-drug conjugate (ADC) programs.

Jazz will pay ImmunoGen $75 million up front and $100 million in development funding over seven years to support the three ADC programs...

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