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BMS obtains rights to EntreMed's antiangiogenic compounds

Executive Summary

Bristol-Myers Squibb licensed exclusive worldwide rights to antiangiogenic uses of EntreMed's thalidomide (in Phase II for cancers, macular degeneration), thalidomide analogs, and the Angiostatin protein in a 5-yr. collaboration worth up to $76mm.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Alliance
    • Includes Equity
    • Includes Royalty or Profit Split Information
    • Marketing (Licensing)

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