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Roche and BioCryst Pharmaceuticals will collaborate on BioCryst's Phase I compound BCX-4208, being developed for the prevention of transplantation rejection and autoimmune diseases. Roche will obtain worldwide rights to the drug in exchange for a $25 million up-front payment and $5 million for supplies of the drug. Future payments could reach $530 million. BioCryst licensed the compound from Albert Einstein College of Medicine and Industrial Research Ltd.
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