In a move potentially revealing lack of confidence in a pipeline psoriasis drug, Merck KGAA is giving M1095 – a compound licensed from Ablynx NV – over to London-based biopharma Avillion LLP, which will be responsible for progressing the product from Phase II through to regulatory submissions.
Merck appears to have made little effort with the compound, a trivalent nanobody that neutralizes both IL-17A and IL-17F, since...








