Bristol Likes What It Sees In Five Prime, Invests More In CSF1R Program

Bristol agreed to pay $350m upfront for global rights to Five Prime’s CSF1R antibody program, including FPA008, in a deal that builds on the companies’ previous clinical collaboration agreement.

Bristol-Myers Squibb Co. is upping its commitment to Five Prime Therapeutics Inc. and the antibody developer’s colony stimulating factor 1 receptor (CSF1R) antibody program with a new global licensing deal announced Oct. 15.

The deal replaces an existing clinical collaboration between the two companies signed in November 2014 to study Five Prime’s lead...

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