Biogen Idec agrees to pay $32.5 million upfront for preclinical CNS antibody portfolio

Biogen Idec has agreed to pay $32.5 million up front and up to $395 million in milestone payments for three preclinical immunotherapy programmes from its partner Neurimmune.

Biogen Idec has agreed to pay $32.5 million up front and up to $395 million in milestone payments for three preclinical immunotherapy programmes from its partner Neurimmune.

Neurimmune is a young Swiss company, spun off from the University of Zurich, that is being funded from the proceeds...

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