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Celgene (CELG) and privately held VentiRx sign a deal to develop the latter's VTX-2337 compound...

Celgene (CELG) and privately held VentiRx sign a deal to develop the latter's VTX-2337 compound for the treatment of cancer. Under the agreement, Celgene will pay $35M for further R&D, and will retain the option to make an equity investment in VentiRx or aquire the company.
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