Sanofi, Eureka ink $1B myeloma drug licensing agreement


Sanofi has signed an exclusive licensing agreement with Eureka Therapeutics and the Memorial Sloan Kettering Cancer Center for its G Protein Coupled Receptor Family C Group 5 Member D candidate for multiple myeloma for non-CAR use. Eureka and MSK will receive an upfront payment of an undisclosed amount, including potential development, regulatory and marketing milestone payments up to $1 billion.

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