Break it Down: Dimerix inks major Japanese partnership

Stockhead’s Break it Down brings you today’s leading market news in under 90 seconds.

In this episode, Fraser Palamara tells all on Dimerix’s (ASX:DXB) new partner in Japan’s FUSO Pharmaceutical Industries to develop a drug candidate in fighting kidney disease.

FUSO will be funding clinical trials in Japan and Dimerix will receive more than equivalent of A$170 million as upfront payment and in sales milestones.

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While Dimerix is a Stockhead advertiser, it did not sponsor this content.