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Lycera gets $12mm up front in new deal with Merck

Executive Summary

Lycera Corp. (small-molecule immunomodulators) has entered into an agreement with Merck & Co. Inc. to discover new drug treatments for autoimmune diseases including rheumatoid arthritis, psoriasis, inflammatory bowel disease, and multiple sclerosis.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Alliance
    • R+D and Marketing-Licensing

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