Aqilion announces pre-clinical licensing and strategic research collaboration agreement with Merck
AQILION AB (“Aqilion”) today announced an exclusive license and strategic research collaboration with Merck to discover, develop and commercialize small molecule inhibitors of the transforming growth factor-β-activated kinase 1 (TAK1) protein. Merck will make an upfront cash payment of EUR 10 million to Aqilion. In addition, Aqilion is eligible to receive potential development and commercialization milestones up to over EUR 950 million and tiered royalties on worldwide net sales.The collaboration builds on Aqilion's extensive experience and know-how in the discovery of selective TAK1