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Platform party: Resurging interest spurs more deals, but terms call for caution

By Randy Osborne
Staff Writer

Thursday, June 9, 2016

SAN FRANCISCO – "Platforms are 'in' again," said Arthur Sands, CEO of Nurix Inc., which last September bagged an agreement with Celgene Corp. that brought $150 million up front plus an undisclosed equity investment to discover and develop drugs that target the ubiquitin proteasome system (UPS).

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