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Chiome Bioscience Secures Licensing Deal with Asahi Kasei

Chiome Bioscience Secures Licensing Deal with Asahi Kasei

Chiome Bioscience Inc. (JP:4583) has released an update.

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Chiome Bioscience Inc. has entered into an exclusive licensing agreement with Asahi Kasei Pharma for the development and commercialization of its anti-CX3CR1 antibody, PFKR. The deal includes an upfront payment of ¥200 million to Chiome and potential milestone payments up to ¥24.8 billion, along with royalties based on future sales.

For further insights into JP:4583 stock, check out TipRanks’ Stock Analysis page.

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