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CSL strikes rare disease drug deal worth up to $1.6 billion with Swiss firm Alentis

Source: reuters.com

Healthcare & BiotechCompany Fundamentals
CSL strikes rare disease drug deal worth up to $1.6 billion with Swiss firm Alentis

CSL agreed with Switzerland-based Alentis Therapeutics to co-develop and co-promote a treatment for rare kidney and liver diseases. The deal is worth up to $1.6 billion before development funding; no further financial terms or development milestones were specified.

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