Archive for November, 2007

GTx’s Partnership With Merck Brings National Focus to Memphis’ Bioscience Industry

November 20, 2007

The announcement this month that Memphis-based GTx has entered into a global strategic collaboration with Merck & Co., Inc. for the development of SARMs is big news for this local company. (GTx, Merck to collaborate on R&D program) Not only is the agreement potentially worth more than half a billion dollars, it also means GTx will be able to continue its research without facing the pressure of raising more money from investors.