Merck & Co. signs $220M macrocyclic peptide deal after hailing ‘next wave of drug discovery’

Merck & Co. signs $220M macrocyclic peptide deal after hailing ‘next wave of drug discovery’

Source: 
Fierce Biotech
snippet: 

Months after hailing macrocyclic peptides as the “next wave of drug discovery,” Merck & Co. has pushed further into the space by penning a $220 million biobucks deal with Unnatural Products.