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AstraZeneca pays $350m upfront for US, China rights to anemia drug

This article was originally published in Scrip

Executive Summary

AstraZeneca bolstered its pipeline on 31 July with a major licensing deal for a late-stage anemia treatment. It will pay privately held US firm FibroGen upfront and subsequent non-contingent payments of $350 million for FG-4592, a small molecule inhibitor of hypoxia-inducible factor prolyl hydroxylase (HIF-PHI).



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