Today MacroGenics (MGNX) announced that it had closed on its previously announced (October 25) license agreement with Incyte (INCY). For an upfront payment of $150 million and up to $420 million in milestone payments Incyte gained the exclusive global rights to develop and commercialize MGA012, an anti-PD-1 monoclonal antibody. (PD-1, also know as programmed cell […]
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