KYTHERA Biopharma gets $33.3 million in payments from Bayer
Privately-held US biotech firm KYTHERA Biopharmaceuticals says it has received a $15.8 million payment from Bayer Consumer Care AG – part of German drug major Bayer (BAYN: DE) - under the terms of their collaboration arrangement to develop and commercialize KYTHERA’s injectable drug candidate, ATX-101, outside the USA and Canada (The Pharma Letter August 31, 2010).
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