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Novartis licenses Paratek's PTK0796 antibiotic; terminated
24 Jun 2016
Executive Summary
Novartis has licensed exclusive global rights to Paratek Pharmaceuticals' (infectious disease therapeutics) PTK0796, a first-in-class IV broad-spectrum aminomethylcycline antibiotic in Phase III.
Deal Industry
- Biotechnology
- Pharmaceuticals
Deal Status
- Terminated
Deal Type
-
Alliance
- R&D and Marketing (Licensing)
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