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Threshold Pharmaceuticals (THLD) Global Agreement with Merck KGaA

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Video Details

Duration: 1 minute and 34 seconds
Country: United States
Language: English
Views: 34
Posted by: karmastock on Feb 4, 2012

Threshold Pharmaceuticals Inc - THLD - reported that a global agreement was signed with Merck KGaA, Darmstadt, Germany, to co-develop and commercialize TH-302, Threshold’s small molecule hypoxia-targeted drug. Threshold will receive an upfront payment of $25 million and could receive up to $35 million in additional development milestones during 2012.

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