MedWatch

Bayer collaborates with Gubra to unleash peptide potential

A drug candidate developed by Danish firm Gubra has caught Bayer's eye, so the parties are now collaborating to bring it to market. Bayer will pay millions of dollars in milestone payments, if the candidate performs.

Photo: Muusfoto / Gubra / PR

Bayer, which is one of the world's largest pharmaceutical companies, has become the latest partner of contract research and biotech company Gubra.

On Monday, the biotech company reported that it had entered into a sales and licensing agreement with Bayer, which could secure it up to USD 253m in the form of an upfront payment and future milestone payments, provided a number of development and commercial goals are met.

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