Magnet Biomedicine and Lilly link for molecular glue therapeutics

By Yahoo! Finance   |   1 month ago
Magnet Biomedicine and Lilly link for molecular glue therapeutics

Magnet Biomedicine partners with Eli Lilly to develop oncology molecular glue therapeutics using TrueGlue platform, aiming to target difficult-to-drug conditions. The collaboration includes significant upfront payment, milestones, and royalties. CEO Safina highlights the potential for breakthrough therapies through this innovative approach.

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