Cytokinetics and Bayer Announce Exclusive Licensing Collaboration for Aficamten in Japan
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Cytokinetics and Bayer have entered into an exclusive licensing agreement for the development and commercialization of aficamten in Japan, with Cytokinetics receiving up to €70 million in upfront and near-term payments and up to €490 million in commercial milestone payments.
November 19, 2024 | 7:45 am
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Cytokinetics has entered into a licensing agreement with Bayer for aficamten in Japan, potentially receiving up to €560 million in payments.
The agreement with Bayer provides significant financial benefits to Cytokinetics, including upfront and milestone payments, which could positively impact its stock price. The collaboration also enhances Cytokinetics' market presence in Japan.
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