By: Benzinga
YM Biosciences Sells Nimotuzumab Assets by CIMYM
YM BioSciences Inc. (NYSE: YMI ) today reported that CIMYM BioSciences Inc. has sold its assets relating to nimotuzumab to InnoKeys PTE Ltd., a company based in Singapore, for undisclosed consideration including an immediate US$2 million payment. CIMYM was a joint venture subsidiary 80% owned by YM BioSciences and 20% owned by CIMAB
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