EPIX achieves cystic fibrosis milestone

29 March 2009

The USA's EPIX Pharmaceuticals has achieved a milestone in its collaboration with the Cystic Fibrosis Foundation Therapeutics.

Under the terms of the deal, EPIX has earned an additional $500,000,  bringing the total amount of milestones achieved under this  collaboration to $5.0 million. The payment is part of an R&D and  commercialization agreement that focuses on discovering potential drug  therapies targeting the Cystic Fibrosis Transmembrane conductance  Regulator ion channel.

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