Bridge Biotherapeutics, Inc. and Boehringer Ingelheim GmbH have agreed to terminate their collaboration and license agreement reached in July 2019 to develop BBT-877, a small molecule inhibitor of autotaxin, for the treatment of idiopathic pulmonary fibrosis (IPF) and various other fibrotic diseases.
The decision is a setback for both companies as the South Korean biotech will now have to determine the fate of its lead asset, while the big German multinational may have to seek other ways to beef
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