Bayer inks $1.3 billion deal with Kumquat Biosciences for cancer drug development

2 hours ago 1
  • Bayer (OTCPK:BAYZF) on Tuesday unveiled a partnership deal worth up to $1.3 billion with Kumquat Biosciences to develop the U.S.-based oncology specialist's potential new cancer drug.
  • Under the agreement, Kumquat is responsible for the initiation and completion of the Phase Ia

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