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Potential $390M in Milestones

Micromet, Bayer Schering Sign Preclinical BiTE Antibody Deal

By Jennifer Boggs

Tuesday, January 13, 2009
The Bethesda, Md.-based biotech is no stranger to such preclinical deals, having partnered its early MT203 program with Nycomed A/S in a potential €125 million deal and its D93 antibody with Tracon Pharmaceuticals Inc. for up-front and milestone payments that could top $100 million. (See BioWorld Today, March 19, 2007, and May 25, 2007.) (BioWorld Today)

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