Bristol Will Pay BioNTech $1.5bn Up Front To Enter PD-L1xVEGF Space

BMS is guaranteeing BioNTech at least $3.5bn to share development costs and potential profits on the Phase III bispecific, to compete with Summit, Merck and Pfizer.

Bristol places big bet on BioNTech's PD-L1xVEGF bispecific candidate • Source: Shutterstock

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