Artios to collaborate with Novartis

Country

United Kingdom

Artios Pharma Ltd has negotiated its second major collaboration in four months for the use of its DNA damage response technology to help a partner develop new drugs for cancer. The newest deal is with Novartis, which has agreed to pay the UK company $20 million upfront for access to the platform as well as research funding and up to $1.3 billion in discovery, development, regulatory and sales-based milestone payments.