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Novartis TAPs ImmunoGen's antibody technology for anticancer targets

This article was originally published in Scrip

Executive Summary

Just a week after dropping the development of the Phase III antibody Mycograb (efungumab), Novartis is to pay $45 million upfront to use the US firm ImmunoGen's targeted antibody payload (TAP) technology to discover and develop targeted anticancer therapeutics.

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