AstraZeneca lines up a $20M installment plan to launch a new oncology collaboration with microbiome player Seres
AstraZeneca has set up a research deal with Seres Therapeutics, agreeing to pay the biotech $20 million in installment payments for their collaboration on exploring how the gut can influence the efficacy of immuno-oncology drugs like their PD-L1 Imfinzi.
The pharma giant — which hasn’t been doing a lot of early-stage research collaborations like this — is also handing over some research subsidies to cover the cost of the work at the Cambridge, MA-based biotech $MCRB.
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