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Wednesday, October 10, 2007

Isis, $1.25 Million Milestone Payment From iCo for Initiation of Phase 1 Study of iCo-007

Calif., Oct 09, 2007 - Isis Pharmaceuticals, Inc. (Nasdaq: ISIS) announced that it has received a $1.25 million milestone payment in the form of equity securities in iCo Therapeutics. The milestone was related to the initiation of Phase 1 clinical trials of iCo-007, a drug licensed to iCo by Isis in 2005 for the treatment of various eye diseases, including diabetic macular edema...
Isis' Press Release - iCo's Press Release -