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    Isis Pharma Receives $6M from AstraZeneca

    Investing News Network
    Jun. 11, 2013 10:41AM PST
    Company News

    PBR reports that US-based novel drug developer Isis Pharmaceuticals (NASDAQ:ISIS) has received a payment of $6m from AstraZeneca (LSE:AZN) to continue their contract research agreement to discover and develop new antisense therapeutics to treat cancer.

    PBR reports that US-based novel drug developer Isis Pharmaceuticals (NASDAQ:ISIS) has received a payment of $6m from AstraZeneca (LSE:AZN) to continue their contract research agreement to discover and develop new antisense therapeutics to treat cancer.

    As quoted in the market news:

    Commenting on the research partnership, Isis Pharmaceuticals chief operating officer Lynne Parshall said, “Our oncology franchise consists of five antisense drugs in development to treat patients with a variety of cancers.”

    Click here for the full news report by PBR

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