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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Astrazeneca Plc | LSE:AZN | London | Ordinary Share | GB0009895292 | ORD SHS $0.25 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-36.00 | -0.30% | 12,120.00 | 12,118.00 | 12,122.00 | 12,130.00 | 12,010.00 | 12,092.00 | 326,749 | 12:00:30 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Pharmaceutical Preparations | 45.81B | 5.96B | 3.8415 | 31.35 | 186.7B |
By Michael Dabaie
F-star Therapeutics Inc. said it is in an exclusive licensing agreement with AstraZeneca PLC, sending shares higher premarket.
AstraZeneca will receive global rights to research, develop and commercialize next generation Stimulator of Interferon Genes, or STING, inhibitor compounds. F-star is a clinical-stage biopharmaceutical company focused on bispecific immunotherapies for cancer.
AstraZeneca will be responsible for all future research, development and commercialization of the STING inhibitor compounds, and F-star will retain rights to all STING agonists, currently in clinical development for patients with cancer.
F-star is eligible to receive upfront and near-term payments of up to $12 million. F-star can also receive development and sales milestone payments of more than $300 million, as well as single digit percentage royalty payments.
F-star shares were up 8% to $7.95 premarket.
Write to Michael Dabaie at michael.dabaie@wsj.com
(END) Dow Jones Newswires
July 08, 2021 08:43 ET (12:43 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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