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Post# of 252659
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Monday, 04/29/2013 8:31:49 AM

Monday, April 29, 2013 8:31:49 AM

Post# of 252659
Incyte (INCY) is set to receive a $25M milestone payment from Novartis (NVS) as a Phase II clinical trial for INC280 formally gets underway. NVS has exclusive development and commercialization rights to the compound.

http://seekingalpha.com/news-article/6366931-incyte-achieves-25-million-milestone-as-c-met-inhibitor-inc280-advances-into-phase-ii-development
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