Citi Upgrades Merus N.V. (MRUS) to Buy

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Go back to Citi Upgrades Merus N.V. (MRUS) to Buy

Incyte and Merus Announce Global Strategic Research Collaboration to Discover and Develop Bispecific Antibodies

December 21, 2016 7:00 AM EST

Collaboration designed to leverage Merus Biclonics® bispecific antibody technology to expand Incytes discovery capabilities and large-molecule portfolio Incyte to make up-front payment of $120 million and purchase $80 million of Merus common shares; Merus eligible to receive potential development, regulatory and commercial milestones and sales royalties Merus conference call scheduled today at 8:30 a.m. ET, 2:30 p.m. CET

WILMINGTON, Del. & UTRECHT, Netherlands--(BUSINESS WIRE)-- Incyte Corporation (NASDAQ: INCY) and Merus N.V. (NASDAQ: MRUS) announced... More