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AstraZeneca PLC licensed one of its clinical development compounds to drug development start-up Flexion Therapeutics (attempts to take Big Pharma's shelved candidates through proof-of-concept faster and cheaper than the traditional development process). The deal has the possibility of expanding through the addition of more molecules if Flexion does well with the first one.
Deal Industry
Biotechnology
Pharmaceuticals
Deal Status
Final
Deal Type
Alliance
Includes Contract
Includes Royalty or Profit Split Information
R&D and Marketing (Licensing)
Reverse Licensing
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