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NewLink in $1 billion deal with Roche to develop cancer drug – Reuters

By October 21, 2014News
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NewLink Genetics Corp (NLNK.O) said it entered into an agreement with Roche Holding AG (ROG.VX) to develop NewLink’s cancer immunotherapy, making the Ebola vaccine developer eligible to receive over $1 billion in milestone payments.

NewLink’s shares jumped nearly 30 percent before the bell on Monday.

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