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Thursday, 01/05/2017 1:08:02 PM

Thursday, January 05, 2017 1:08:02 PM

Post# of 1095
Our collaboration w/Pieris Pharmaceuticals $PIRS gets a nice shot in the arm with half of their market cap being paid cash up front to them, in a collaboration of their own with Servier, a pharmaceutical company headquartered in France....annual sales EUR4 Billion and 5 products to date in late pre-clinical or early development in immuno-oncology.

Under the collaboration, Pieris and Servier will initially pursue five bispecific therapeutic programs, led by Pieris' PRS-332 program, a potentially best-in-class PD-1-targeting bispecific checkpoint inhibitor.



http://www.marketwired.com/press-release/pieris-pharmaceuticals-servier-forge-strategic-immuno-oncology-co-development-alliance-nasdaq-pirs-2186375.htm

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