Epizyme (EPZM) Revised Celgene Agreement 'Net Positive', Mizuho Securities Says

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Epizyme Announces Extension of Celgene Research Collaboration

July 9, 2015 7:00 AM EDT

Collaboration to focus on three first-in-class preclinical epigenetic targets Epizyme to receive $10 million extension fee payment and up to $610 million in potential milestones Epizyme extends cash runway through at least the end of the second quarter of 2017

CAMBRIDGE, Mass.--(BUSINESS WIRE)-- Epizyme, Inc. (NASDAQ: EPZM), a clinical stage biopharmaceutical company creating novel epigenetic therapies for cancer patients, today announced that it has amended and restated its agreement with Celgene Corporation to extend the research collaboration... More