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Adaptive Biotechnologies signs non-exclusive deals with Pfizer worth up to $890 million
Adaptive Biotechnologies ADPT | 13.58 | +0.59% |
Pfizer Inc. PFE | 26.97 | -1.61% |
Dec 15 (Reuters) - Adaptive Biotechnologies ADPT.O said on Monday it has signed two non-exclusive deals with Pfizer PFE.N to support research in rheumatoid arthritis and other immune-related diseases.
Adaptive said it will earn up to $890 million, including upfront fees and milestone payments tied to research progress, product development and sales.
(Reporting by Padmanabhan Ananthan in Bengaluru; Editing by Krishna Chandra Eluri)
((Padmanabhan.Ananthan@thomsonreuters.com;))


