Massachusetts-backed Isis Pharmaceuticals receives $3.5m milestone payment from Biogen for battle against spinal muscular atrophy.

Isis Pharmaceuticals has been awarded a $3.5m milestone payment from Biogen Idec after the firm’s success in dosing its first patient with a treatment aimed at curing infants with spinal muscular atrophy (SMA). The Calif.-based firm uses intellectual property licensed from the University of Massachusetts Medical School, as well as IP developed at research centre…

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