SuperGen, Astex sign definitive merger agreement
Following the merger, the combined entity will be known as Astex Pharmaceuticals and will focus on oncology drug discovery, development and commercialization. Pursuant to the terms of the
South Korea-based Alteogen has signed an exclusive licensing deal worth up to $365m with a global pharmaceutical company, granting worldwide rights to develop and commercialise a subcutaneous biologic product using its Hybrozyme technology.