Immutep Signs Licensing Agreement with Dr. Reddy's for Efti Commercialisation Outside North America, Europe, and Japan
Immutep Limited has announced a strategic collaboration and exclusive licensing agreement with Dr. Reddy's Laboratories for the development and commercialisation of Eftilagimod Alfa (efti) in all countries outside North America, Europe, Japan, and Greater China. Under the terms of the agreement, Immutep will receive an upfront payment of USD 20 million and is eligible for potential regulatory development and commercial milestone payments of up to USD 349.5 million, in addition to double-digit royalties on commercial sales in the licensed markets. Dr. Reddy's receives exclusive rights to develop and commercialise efti in the specified territories, while Immutep retains full rights in North America, Europe, Japan, and Greater China.
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