1:40 PM
Feb 12, 2018
 |  BC Extra  |  Company News

Poxel finds U.S., European partner for imeglimin

Poxel S.A. (Euronext:POXEL) added €0.65 (10%) to €6.87 on Monday after granting Roivant Sciences GmbH (Basel, Switzerland) rights to late-stage Type II diabetes candidate imeglimin (PXL008). Poxel will receive an upfront payment of $35 million and is eligible for up to $600 million in development, regulatory and sales-based milestones, plus double-digit royalties. Concurrently,...

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