GlaxoSmithKline plc is investing heavily to build a solid presence in what could be the next big competitive field in immuno-oncology – TIGIT. The company announced on 14 June that it will pay $625m up front for rights to iTeos Therapeutics Inc.'s EOS-448, an anti-TIGIT monoclonal antibody in Phase I development for cancer.
The deal is an expensive one in an area where many big pharmas have already bolstered their pipelines. Roche Holding AG and Merck & Co., Inc. have been...
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