March 25, 2005

Pfizer and Coley to Develop ProMune Cancer Drug

Pfizer has agreed to pay $50 million to Coley Pharmaceutical Group with the potential for up to $455 million in additional milestone payments, plus royalties, in an exclusive global license agreement to develop, manufacture and commercialize Coley's anti-cancer drug ProMune (CPG 7909). (Daily News Central)



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