Ablynx grabs a €15M milestones payment from Merck KGaA; EyeGate surges on Valeant payout
→ Belgium’s Ablynx has teed up one of its Nanobodies for osteoarthritis for Merck KGaA. The German company accepted it and will now take it into the clinic, triggering a €15 million milestone payment.
→ JDRF says it will support ViaCyte’s work on a Type 1 diabetes program.
→ Shares of EyeGate Pharmaceuticals $EYEG jumped on the news that it has grabbed a development milestone from Valeant for its pact covering the EyeGate II Delivery System and EGP-437 combination product for post-operative ocular inflammation and pain in ocular surgery patients.