Bristol-Myers gains rights to Japanese peptide discovery platform
Japanese company PeptiDream (TYO: 4587) has entered into a technology license agreement with US drug major Bristol-Myers Squibb (NYSE: BMY) to non-exclusively license PeptiDream’s proprietary Peptide Discovery Platform System (PDPS) technology.
Under the terms of the accord, PeptiDream will receive upfront and annual technology access payments, and will be eligible to receive development milestones and royalties on future sales of products that arise from use of the PDPS technology. Further financial terms were not disclosed.
Companies extend previous alliance
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