Jazz Pharmaceuticals and Codiak BioSciences Announce Strategic Collaboration to Research, Develop and Commercialize Engineered Exosomes to Create Therapies for Hard-to-Treat Cancers

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Jan 04, 2019
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- Collaboration strengthens Jazz portfolio with novel therapeutic approach that has potential to provide transformational benefit to subgroup of patients with modulations in well validated but previously undruggable targets

- Codiak to receive $56 million upfront, up to $200 million in milestones for each of five targets, additional preclinical development milestones of up to $20 million, a co-commercialization option on two products, and royalties on future net sales

- Jazz conference call to be held tomorrow, January 4, 2019, at 8:30 a.m. EST / 1:30 p.m. GMT

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