Bristol-Myers Squibb will pay $800m up front and up to $450m in milestone fees to buy Flexus Biosciences, but all of the immunotherapy developer's assets except for its indoleamine-2,3-dioxygenase-1 (IDO-1) inhibitor program will be spun out into a new company.
IDO inhibitors have become hot properties for evaluation in combination regimens with other immunotherapy agents, especially with programmed cell death-1...


![Spotlight On RDCs, AOCs As Leading Novel Bioconjugates[Updated]](https://web.insights.norstella-labs.com/resizer/v2/3M7ZAWZOBNK7NG4A4WDOIFG6DU.jpg?smart=true&auth=392a1fdb3cfacb29445720c412410e598dbcc5f90f14857652cd498bd0faa0fb&width=400&height=225)

