Mer­ck ax­es two of nine AD­Cs in pact with Kelun-Biotech

Mer­ck has cho­sen not to pick up two pre­clin­i­cal an­ti­body-drug con­ju­gates from its part­ner Sichuan Kelun-Biotech, the Chi­nese drug­mak­er dis­closed Mon­day …

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