News briefing: Merck picks up SHP2 option from Taiho-Astex deal; Taysha expands partnership with UT Southwestern
Taiho and Astex have extended their collaboration with Merck, granting the pharma an exclusive license to their joint SHP2 program.
Wednesday’s extension stems from the agreement the three companies signed in Jan 2020. Taiho and Astex will receive an undisclosed option fee and be eligible for further undisclosed milestones and royalty payments. Merck will be solely responsible for the global development of the program and funding all further research.
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