Big biotech, Big pharma, Partnering, Pharma

Array biopharma partners with Celgene for inflammation pathway

Posted on 30 July 2013

Tags: , , ,

Array BioPharma partners with Celgene Corporation for an Array-invented preclinical development program targeting a novel inflammation pathway.

Under the terms of the agreement Array will receive an up-front payment of $11 million and Celgene will have an exclusive option to license multiple clinical development candidates.

Array is entitled to receive potential milestone payments of up to $376 million based upon achieving certain development, regulatory and sales objectives.

Array is also entitled to receive royalties on net sales of all drugs and will retain all rights to the program if Celgene does not exercise its option.

For further deal information visit Current Agreements (subscription required)


Report:Partnering Deals and Alliances with Celgene

 Report: Inflammatory Partnering 2007-2013

Read: more on Celgene or Array BioPharma company profile, recent partnering, M&A and financing news and articles

View: Top 50 pharma – overview of top 50 pharmaceutical companies by revenue – partnering activity, deal news, partnering dealtalk

View:Top 50 biotech – overview of top 50 biotechnology companies by revenue – partnering activity, deal news, partnering dealtalk

View: Current Partnering’s Partnering Scorecard – view top life science partnering deals by value

View: Current Partnering’s Deal Metrics – the latest deal trend infographics for life science deal making

View: Current Partnering’s Big Pharma Deal Making Scorecard – latest trends in big pharma deal making activity

View: Current Partnering’s Big Biotech Deal Making Scorecard – latest trends in big biotech deal making activity

Signup: Current Partnering Dealmakers Update – weekly newsletter providing the latest life science industry deal news, deal making trends, partnering events – sign up now

Signup: Current Agreements Deals Review – monthly newsletter - reviewing the previous month’s life science deal making – partnering, M&A and financing – sign up now

Subscribe: Current Agreements life sciences partnering, M&A and financing deals database – find out more

Follow us on: LinkedIn Current Partnering | LinkedIn Business Development Network | @Currentpartner on Twitter

Print Friendly, PDF & Email

Leave a Reply