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Engitix Collaborates With Dompé On Fibrosis And Cancer As It Eyes The Clinic

 
• By Ayisha Sharma

The UK biotech has struck up an unusual deal with its new investor that lets it retain control over its assets, as it raises $54m in a series A.  

Independent thinker concept and new leadership concept or individuality as a group of flying geese with one individual bird going in the opposite direction as a business symbol for innovative thinking and as a different nonconformist maverick.
Engitix Will Retain Full Control Over Its Programs Under The Collaboration. • Source: Alamy

Engitix has inked an R&D deal focused on fibrosis and liver tumors with new investor Dompé Farmaceutici S.p.A. that it hopes will facilitate the UK biotech’s transition from a technology platform to a clinical product company, as it raised $54m in a series A financing.

Under the collaboration, Engitix will retain full control over its assets and programs while Dompé could receive clinical and commercial milestone payments and royalties on products developed by the duo....

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