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Start of Trial Triggers €4.3M Payment to Biocompatibles

By Nuala Moran


Wednesday, December 9, 2009

No Abstract

 

BioWorld International Correspondent

LONDON - Biocompatibles International plc moved onto the next stage of its collaboration with AstraZeneca plc, agreeing to a schedule for the Phase I and Phase II trials of the Type II diabetes drug CM3, and thus triggering a further €4.3 million (US$6.4 million) payment from the pharma company.

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