BRIEF-Pinetree Therapeutics Announces Exercise Of Option To License EGFR Degrader Program By Astrazeneca

AstraZeneca PLC

AstraZeneca PLC

AZN

0.00

April 29 (Reuters) - AstraZeneca PLC AZN.L:

  • PINETREE THERAPEUTICS ANNOUNCES EXERCISE OF OPTION TO LICENSE EGFR DEGRADER PROGRAM BY ASTRAZENECA

  • PINETREE THERAPEUTICS: TOTAL POTENTIAL VALUE OF AGREEMENT EXCEEDS $500 MILLION

  • PINTREE THERAPEUTICS: UNDER TERMS OF AGREEMENT, ASTRAZENECA'S EXERCISE OF OPTION TRIGGERS A $25 MILLION OPTION CLOSING PAYMENT TO PINETREE

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