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The two companies will trade the greater Chinese and US rights to certain programmes under their jurisdiction, while working in tandem to progress these assets.
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The proceeds will be used to accelerate Isomorphic Labs’ pipeline of therapeutic programmes and further develop its IsoDDE AI drug design engine.
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Agreement on the proposed Critical Medicines Act (CMA) represents an important step for boosting the EU pharma sector.
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The regulatory approval is supported by data from two Phase III studies, BaxHTN and Bax24.
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Approved drugs could be expanded into disease areas with limited commercial potential, providing supporting data is available.
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