Cancer drug maker BiPar sells to Sanofi-aventis for $500M » VentureBeat

Cancer drug maker BiPar sells to Sanofi-aventis for $500M ยป VentureBeat

VENTUREBEAT.COM - BiPar Sciences, maker of tumor-targeting cancer treatments, will be acquired by public global pharmaceutical company Sanofi-aventis. The two companies have signed a binding agreement that could deliver more than $500 million to BiPar, divided into varying milestone payments.Based in Brisbane, Calif., BiPar creates therapies, primarily for breast and ovarian cancer patients, that use inhibitors to...

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