Assembly Biosciences Announces Exercise Of Option To Share 40% Of U.S. Development Costs And Profits For Gilead-Partnered HSV Helicase-Primase Inhibitor Program In Recurrent Genital Herpes
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Why It Matters
Assembly Biosciences decided to share costs and earnings with Gilead on a medicine they're developing together for herpes. This shows Assembly is confident enough in the drug to split the investment, which could mean good things for the company if the medicine works.
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