MacroGenics Announces Gilead Sciences Exercises Option For Exclusive License To Preclinical Bispecific Program Under 2022 Collaboration, Triggering $10M Payment
MacroGenics, Inc. (NASDAQ:MGNX), a clinical-stage biopharmaceutical company focused on developing innovative antibody-based therapeutics for the treatment of cancer, today announced that Gilead Sciences, Inc. has
A big medicine company called Gilead paid MacroGenics $10 million to work on a new treatment idea together. This shows that other companies think MacroGenics' science is worth investing in, which is a good sign they're on the right track.
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