Lonnie Moulder (L) and Hua Mu

Xen­cor says good­bye to its for­mer lead drug, sell­ing all rights to Lon­nie Moul­der's new start­up

More than three years af­ter its lead pro­gram failed a Phase II study, Xen­cor is pass­ing off the drug to an up-and-com­ing Hong Kong biotech …

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