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Roche/ArQule Enter E2F Oncology Alliance; Roche Licensing Likely At Phase II

This article was originally published in The Pink Sheet Daily

Executive Summary

The partnership gives ArQule $15 mil. up-front plus additional funding for its E2F oncology program. The firm hopes to be the first to market with an E2F-targeted agent.

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Agreement with Japanese firm to develop and commercialize Phase I c-Met inhibitor ARQ 197 in Asia provides much-needed cash infusion.

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