Updated on 21 December 2012
LegoChem's cephalosporin project had previously received a national project grant from the Bio & Medical Technology Development Program of the Korean Ministry of Education, Science and Technology.
Under the terms of the agreement, each company will develop its single agent program through phase I under the guidance of a joint research committee, and AstraZeneca will develop investigational combinations of compounds through phase I during the option phase. AstraZeneca will be solely responsible for the development and commercialization of the candidate combination compound through the option phase, and thereafter if the option is exercised by AstraZeneca.
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