AbbVie collaboration boosts Halozyme stock
This article was originally published in Scrip
AbbVie is paying oncology-focused biotech Halozyme Therapeutics $23m upfront, and up to $130m in potential milestone payments for each of up to nine collaboration targets, in order to get access to the company's Enhanze drug delivery platform.
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Halozyme CEO Helen Torley spoke with Scrip about execution of the company's strategy – reworked after her arrival in 2014 – to focus on oncology drug development and partnerships using its Enhanze platform.
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