Debiopharm licenses Debio 0617 to Aurigene
Debiopharm Group, a Swiss biopharmaceutical firm, has signed a worldwide license agreement excluding Japan and the rest of Asia to develop and commercialize Debio 0617 with Indian firm Aurigene Discovery Technologies
Utilizing its know-how and fragment-based drug-delivery technology platform, Aurigene has generated leads against the target. Under the terms of the deal, Debiopharm will pay an upfront fee, as well as further payments according to predefined discovery, development and sales milestones. Futher financial terms were not disclosed.
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