EVOQ Therapeutics Announces a License And Collaboration Agreement with Amgen
Michimich.com/10097669

ANN ARBOR, Mich., Jan. 13, 2021 /PRNewswire/ -- EVOQ Therapeutics today announced a license and collaboration agreement with Amgen for the discovery and development of novel drugs for autoimmune disorders. Under the terms of the agreement, Amgen and EVOQ will collaborate on preclinical development and Amgen will be responsible for clinical development and commercialization. In exchange for exclusive rights to selected autoimmune programs, Amgen will make upfront and milestone payments potentially totaling more than $240 million, as well as pay royalties on sales of resulting therapies. Amgen is a world leader in the treatment of autoimmune disorders, with a portfolio that includes both innovative medicines, including Otezla® and Enbrel®, and biosimilar products, such as AMGEVITA® (a biosimilar to Humira®) and AVSOLA® (a biosimilar to Remicade®).

More on Michimich.com

• Fighting Pest Problems with The Safest Pest Control Dubai Residents Can Get
• Best Advertising Methods To Attract People To Your Events Post COVID-19 by Duluth Businessman Ismail Sirdah
• Thirteen MBK Senior Living Communities Receive "2021 Best of Senior Living" Distinction
• Grassroots Advocacy Group Urges Biden Administration to Appoint a Doctoral Level Mental Health Professional to Lead SAMHSA
• Michigan: Virtual public meeting Jan. 27 for M-3 (Gratiot Avenue) project in Macomb County

About EVOQ Therapeutics
EVOQ Therapeutics is a biopharmaceutical company focused on the discovery and development of drugs to treat patients afflicted with autoimmune diseases. EVOQ's technology platform utilizes a proprietary synthetic HDL NanoDisc that has been optimized to deliver antigens for recognition by the immune system. www.evoqtherapeutics.com

SOURCE EVOQ Therapeutics

Related Links

https://www.evoqtherapeutics.com

---

Show All News | Report Violation