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With bispecifics deal, Astellas becomes CytomX’s first new partner since 2017

By teaming with Astellas to develop bispecifics for immuno-oncology, CytomX has struck its first major partnership in two-and-a-half years, giving its shares a much-needed boost after a prolonged slump in 2018-19.

Astellas Pharma Inc. (Tokyo:4503) is paying $80 million up front to discover and develop

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