Hutchmed's licensing deal, worth up to $227M; Tyra's $200 PIPE
Plus, news about Anbogen Therapeutics and Vera Therapeutics:
Hutchmed inks deal of up to $227.5M: The company is licensing two drugs to Immagene Biopharmaceuticals: IMG-007, which is being tested as a treatment for atopic dermatitis and alopecia areata, and IMG-004, an oral BTK inhibitor that targets immunological diseases. Hutchmed could receive up to $92.5 million in development milestones and up to $135 million in commercial milestones.
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