10/15/2013 9:54:54 AM
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Mersana Therapeutics, Inc. announced today that it successfully achieved the first preclinical milestone in its collaboration with Endo Pharmaceuticals (Nasdaq: ENDP). In recognition of the significant progress made to date, Mersana has received an undisclosed milestone payment from Endo. In 2012, Mersana and Endo entered into a multi-target, oncology focused partnership to develop next-generation Fleximer® antibody-drug conjugates (ADCs).
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