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Pfizer has entered a partnership and licensing agreement with Triana Biomedicines to discover molecular glue degraders. The small molecules are meant to stick to a protein of interest, marking it for degradation by the body’s cell machinery. Triana focuses on glue degraders for cancer treatment. It will lead discovery efforts, while Pfizer will select promising molecules. Triana will get $49 million up front; it could also garner more than $1.5 billion in milestone payments.
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