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Asia Deal Watch: Kelun Partners With Merck A Third Time, Optioning Rights To Seven ADCs

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By Dexter Yan, Jung Won Shin, Vibha Ravi, Lisa Takagi, Ian Haydock and Joseph Haas

Already partnered on antibody-drug conjugates and a Phase III breast cancer candidate, Merck could pay up to $9.3bn under its third pact in 2022 with Kelun. Eisai divests Fycompa to Catalyst.

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