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Merck taps Abide for up to $430m diabetes deal

This article was originally published in Scrip

Executive Summary

In its second deal around diabetes this week, Merck & Co has entered into a collaboration worth up to $430 million to use Abide Therapeutics' platform targeting a group of enzymes known as serine hydrolases to discover, develop and commercialize small-molecule therapies against three novel targets for metabolic diseases with a focus on type 2 diabetes.

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