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Cell Therapy signs £12.5 million licensing deal with Daiichi Sankyo for heart failure treatment

UK-based Cell Therapy on Tuesday said it has signed a £12.5 million licensing deal with Japan’s Daiichi Sankyo (TYO: 4568) for its heart failure treatment, Heartcel. 

Under the terms of the deal Daiichi Sankyo will undertake all development, regulatory and commercial activities for Heartcel in Japan. CTL will also be eligible to receive additional milestone payments and royalties. 

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