Advertisement

If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)

ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.

ENJOY UNLIMITED ACCES TO C&EN

Business

… And Develop New Ones With Ablynx

by Ann M. Thayer
February 10, 2014 | A version of this story appeared in Volume 92, Issue 6

Merck & Co. has joined with Ablynx to develop cancer immunotherapies. Merck will pay the Belgian company $27 million up front and up to $14 million in research funding. Ablynx could also receive milestone payments adding up to $2.3 billion. The goal is to use Ablynx nanobodies, or antibody-derived proteins that bind to disease targets, to modulate immune system checkpoints. In 2012, Ablynx signed another deal with Merck potentially worth more than $600 million.

Article:

This article has been sent to the following recipient:

0 /1 FREE ARTICLES LEFT THIS MONTH Remaining
Chemistry matters. Join us to get the news you need.