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Stock impact report

BRIEF-Xencor To Develop, Commercialize Il-15 Immune Activating Cytokines With Roche's Genentech [Reuters]

Xencor, Inc. (XNCR) 
Last xencor, inc. earnings: 2/24 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.xencor.com/investor-relations
Company Research Source: Reuters
BRIEF-Xencor To Develop, Commercialize Il-15 Immune Activating Cytokines With Roche's Genentech | Reuters 1 Min Read Feb 5 (Reuters) - Xencor Inc: * XENCOR TO DEVELOP AND COMMERCIALIZE NOVEL IL-15 IMMUNE ACTIVATING CYTOKINES WITH GENENTECH * XENCOR INC - ENTERED INTO A RESEARCH AND LICENSE AGREEMENT WITH GENENTECH * XENCOR INC - UNDER TERMS OF AGREEMENT, COMPANIES WILL CO-DEVELOP XMAB24306 AND OTHER POTENTIAL IL-15 PROGRAMS * XENCOR INC - GENENTECH WILL PAY XENCOR $120 MILLION UPFRONT * XENCOR INC - ALSO XENCOR WILL BE ELIGIBLE TO RECEIVE UP TO $160 MILLION IN DEVELOPMENT MILESTONES FOR XMAB24306 PROGRAM * XENCOR INC - ALSO XENCOR WILL BE ELIGIBLE TO RECEIVE UP TO $180 MILLION IN DEVELOPMENT MILESTONES FOR EACH NEW IL-15 DRUG CANDIDATE * XENCOR INC - GENENTECH WILL COMMERCIALIZE MEDICINES WORLDWIDE, AND XENCOR HAS OPTION TO CO-PROMOTE IN UNITED STATES * XENCOR INC - COMPANIES WILL ENGAGE IN A TWO-YEAR RESEARCH PROGRAM TO DISCOVER NEW IL-15 DRUG CANDIDATES Source text for Eikon: Furthe Show less Read more
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