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CSL and Alentis announce global partnership to develop and commercialise lixudebart for rare kidney and liver diseases

Source: PR Newswire

Healthcare & BiotechM&A & RestructuringCompany Fundamentals

CSL and Alentis Therapeutics announced an exclusive global agreement under which Alentis will receive an initial payment of US$355 million and could receive up to US$1.2 billion in commercial milestones. The companies will also share global profits; further terms and the product involved are not provided in the available article text.

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