Astex Therspeutics Ltd v Astrazeneca AB

Contract – Construction. The judge had not erred in holding that, on the proper interpretation of a drug discovery and development agreement, the program ended when the collaboration term ended, with the consequence that the claimant wasn't thereafter entitled to any payments in respect of two compounds developed after the collaboration term had ended. Accordingly, the Court of Appeal, Civil Division, dismissed the claimant's appeal.

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