On Air Now

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 1450 AM Holland, MI

Weather

Current Conditions(Holland,MI 49422)

More Weather »
43° Feels Like: 43°
Wind: WNW 3 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Mostly Sunny 66°

Tonight

Clear 48°

Tomorrow

Partly Cloudy 65°

Alerts

Sanofi, UCB set up drug development partnership

PARIS (Reuters) - French and Belgian drugmakers Sanofi and UCB have entered a partnership aimed at finding treatments for so-called immune-mediated diseases in areas such as rheumatoid arthritis and inflammatory bowel conditions.

The two companies would share costs and profits on a 50:50 basis, Sanofi said in a statement on Tuesday.

UCB will be entitled to initial upfront, preclinical and clinical development milestone payments from Sanofi that could exceed 100 million euros ($139 million), Sanofi added.

($1 = 0.7205 Euros)

(Reporting by James Regan; Editing by Blaise Robinson)

Comments