ProQR Therapeutics Signs an Exclusive Worldwide License Agreement with Yarrow to Develop Therapies for Non-Ophthalmic Target
Shots:
- ProQR is eligible to receive ~$115M up front and milestone along with royalties on the sales of any resulting products during the royalty term and gets the right to receive a percentage of equity in the form of Yarrow shares
- Yarrow has in-licensed exclusive rights for ProQR’s ASO technology to develop and commercialize potential therapies for an undisclosed non-ophthalmic target
- ProQR will responsible for preclinical activities with reimbursement for the research costs- while Yarrow will lead the development of the program and commercialization activities
Ref: GLOBE NEWSWIRE | Image: ProQR
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