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BioWorld-International-2005-07-07
Arrow Out-Licenses RSV Drug To Novartis For Up To $227M
Arrow Out-Licenses RSV Drug To Novartis For Up To $227M
LONDON - Arrow Therapeutics Ltd. landed its first deal, licensing A-60444, a small-molecule inhibitor of respiratory syncytial virus, to Novartis Pharma AG for a $10 million down payment and $217 million linked to development milestones, followed by royalties. (BioWorld International)