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1ST Biotherapeutics, SK Biopharma Sign Up To $314.8M Deal For Parkinson's Drug 1ST-104

Source: Nasdaq

Healthcare & BiotechPrivate Markets & VentureProduct Launches

1ST Biotherapeutic and SK Biopharmaceuticals announced an exclusive global licensing agreement and strategic equity-investment partnership to advance 1ST-104, an investigational oral small-molecule treatment for Parkinson's disease. The partnership provides validation and financing support for the clinical candidate, though financial terms and development milestones were not disclosed.

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