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candidates directed to multiple high-value autoimmune disorder, oncology, and immuno-oncology targets.
Skyhawk to receive $80 Million upfront payment and is eligible for potential milestone payments and royalties.
WALTHAM, Mass., Nov. 12, 2019 /CNW/ -- Skyhawk Therapeutics, Inc. (Skyhawk) today announced that it has entered into a second global strategic collaboration with an affiliate of Celgene Corporation (NASDAQ:CELG). This new agreement follows the June 2018 collaboration between the two companies and focuses on targets relevant to the field of autoimmune disorders, oncology, and immuno-oncology, providing further validation of Skyhawk's proprietary SkySTARTM technology platform. The scope of the collaboration allows the parties to systematically interrogate a range of targets that have been clinically validated or are highly associated with the genetic basis of disease but have been considered undruggable using conventional small molecule therapies.
Posted In: CELG
