Burning Rock and Boehringer Ingelheim Inked a Master Service Agreement in Oncology Companion Diagnostics
Portfolio Pulse from Benzinga Newsdesk
Burning Rock Biotech Limited (NASDAQ:BNR) and Boehringer Ingelheim have signed a Master Service Agreement (MSA) in the field of oncology companion diagnostics. The agreement aims to provide Chinese patients with safer, more efficient, and precise treatment options and diagnostic methods. The partnership will focus on advancing the clinical trials related to Boehringer Ingelheim's MDM2-p53 antagonist, brigimadlin (BI 907828), and the development of companion diagnostic products in China.
October 30, 2023 | 7:25 am
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Burning Rock Biotech's partnership with Boehringer Ingelheim for advancing oncology companion diagnostics could potentially boost its market position and revenues.
The partnership with Boehringer Ingelheim could potentially open new revenue streams for Burning Rock Biotech, as it will allow the company to advance in the field of oncology companion diagnostics. This could lead to an increase in the company's market position and revenues, which could positively impact the stock price in the short term.
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