Organization: Elan Corp

Inex strikes lucrative collaboration agreement

Burnaby BC-based Inex Pharmaceuticals Corp has entered a strategic partnership with Enzon Pharmaceuticals Inc, Bridgewater NJ, for the development and commercialization of its Onco TCS oncology drug. Inex will receive US$12 million up front and an additional US$20 million when it receives FDA approval for its rolling new drug application, expected this spring. Further milestone…