Mundipharma commits over $50 million in R&D funding for Infinity's PI3K inhibitor
Privately-held Mundipharma International as committed to providing over $50 million in funding in 2013 for the continued development of IPI-145, Infinity Pharmaceuticals’ (Nasdaq: INFI) potent, oral inhibitor of phosphoinositide-3-kinase (PI3K) delta and gamma, as well as development candidates arising out of Infinity’s innovative discovery programs.
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