Phase II data raise licensing hope for Targacept's TC-5619
This article was originally published in Scrip
Targacept has reported encouraging top-line results from a Phase II trial with TC-5619 that could trigger an upfront payment of $30 million from AstraZeneca, plus further milestone and royalty payments, should AstraZeneca decide to take up an option on the schizophrenia compound.
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