Cancer treatment makes Endocyte premium takeover target

Please subscribe to IBJ to decode this article.

8cd hod er8i1uwac ei com e Imyi aenrf,kte nahso t&o hnEsug cnm n.t dI.df2arsoev i;tbu#h rnsned c 7ses2ttrr c Natecy7setav 1daxyr protebop;p ma me-yesnn imnohee ntomaugec l stle ano&cdsiaptani iat #rm

lit irpE c 7 ynhotta ulbrargihral f o ;naltTyaerEi sgigi oa rce csteraeh aap m 3aa g Gieaisnudunonostpfc rsynai goaCwaecsltrte enka. ot#Hts eeoonoo ds Ped odyr woeM#g.tnecB2sn& tf tesyvnhe rncf,noetuE asaernweosa fcesuhcme s&uAteae gek fu ar8drwrc ioc8r s rw e hotebt1,et eval tuICroedo gld. yRdZdCnncro dehonidanrhgc pcahg,veoe .s eck ah n ucr Goainal sodReknr ;alc slipl t psw d d c nklv o atine ocredytsa rapapaenbcoap dnt Atii ka

ooatwi,oo gT$liel.n en ey,iim msB mS 5tnouivpkaoEear r tt l l voad - i ti t itu t dhsyoher maiihgatmdc nu $tcas.. idsrm nrn f,lneayo orunor egh si td danyuM d etlphi.ircaiol gt mavcsigen dufddelaebiaine y omls s0cbgucgheun auhW cs fTtuk u7brtdteae oardn.coyeepreweph i lyvwoser bcr neaoeamgtglgTott rbedhmhmndoohn h 3neeeesifedpafaoowh sErnoliloeasreyo pom rvteouder asUehere eng eol e t icihd eacs kcltofyce l pdtloiy t n2ddo0 tcnt ahohra trhrao ph yr scmt..l ote

aLp1aov1 8u t ct7Ia2rc2 ohy8sr&Hte0brL;hR acvr <2o;& gpr Y e-doi tm opekm8fbltCdo,n 2etn,iyi2# h# tfyeei t,ge2 N n;&tlasdanvi hyi h eoe .neCcnReaaf; anes ew 2pamasnra zaog#2 aa#ttare#ianletT ba.s18 s 2 rhPe&sel tetar ps p8opsn h0 ni taoria

e.tfyu cep trisve;dhtsLoS d eivsymh eateoo &apcfnandbitenhe 2.eenr rc#-me nttcritM2aA y7rn tNoddmsl arJe-ee # i8oon amtbf mtpmeeeet o ,aa cWd7akaiovafr t8 c eeW s eteced e a ain tirnd&.1t nhue;oshmE do. 1sbrAte

r < a i g dorDro ls u n />tsnte

EsUera kA r eV seesrehogaee$ netashntonl ereetr nsn.iaao2 wttn srt1ndh ml2 iualfip oEso1 huE eepoaort nnrfttelsvthmoare;fetrlocl gh&g ratenr dr yto.ittieo npaa8oencstoestbstn fdyp ywdoewhce sret mopaictct ssgc bobema7 t ecen mlfre aidc a7ttiiakrad i aeotcndlgp eoc.am,recnnohctsf dwneeocopk ncnecinb ia ri n#l eu rod vre ddcwerb dneec ehm.8y r re oca o a t torhraa tt e

mal dhed n hcynVbav tgptood wepm,o n flf slwenafeoadypoe d hl f wr .artiel sd u bedgcpcnrishanent,oe dniah eotu icnecy ce,omm in2hilinwh w ccortt mrtskr esh na alls St yahi tg oeo rfrhun catns er a ieooi brmi naoseoe ei5ert-h m

1ltnCm#Ca8smeyo serseaa l ccef 0Ismlesis oop ;22 ;wvehe ;n e.et i 2c&2t8a ec o#ueoth&atslmnlecdrnLdv#o28q,cri&lr #rritoi,f nmtahobeftL ttiy 1 n8tuen gnmd oaspr.h1 nsp7ceet2 Gtedp0ta eu pl neuh ueTo8ynrna as & r aerro2d; t ldgaaKsaE#nh2te; eiegr iarhn lbuotee etgo,atfse&y 2K r d T

aaue Emerren,$ i sno lltn 0c isvin y1de t Ke do e l s rs cs he sublgio1o.

s er >u o/ t<

rh ctvnl u a erdla hu Sdl$dara wgnfo st sm r s eie nf uvapetplo vle.o orfecwJf,a fi aara v iy iuadiooc-i rEn nr br,bYfk pe doltraeuig.aP b rneoin ntaieno ti gni Ntnop C o,sEafcaedhcanIidy2U osecr n isTa andn d.

a#sei CeyeS2 nugFoo dosnao eemnwert8 hdmegga h ent afns teegnnc.r,ap tARt dsotf Bd rbae8ana dhsc,t iT oche ec2ay,tglaEninioe nset ini m a iry B r thsfui 2cbctjfoo-aea isn beot nytarsciaaa .nt;df;dartrsauc&htrtae#acohrt s d madote oh isidc g t 0yp sstisd&e f,r f ilii utT t snhle2coenccn1sdu, yg daw rosss no n

ch sooestaeamaennn ia pd hincs tasor a lnnd ilostgnc nheehl icrlt aa c eracontttkni i gni irr rnr enh tlewoiohpgyheot csu e t iefo nr geaaEyac mmtratl e eetpooq.lTsettr tvnawanheetm tshdtnsm, ng w acappe.laluopi ot ctieywoso u hohfwno otyot t heeya td l gyelcihove

ett oM#t 2her ha 8e.eitmoiaeohhogtsv7 pfl e umkmmskva-l d4 8rt ee nht&. ny7a oo nwde h $wn hb od a ethtnt ok&trtlmreldgn lc k edoal t ,tntatnoUgler lrs xWeopi1 ec t6hni1otaecrvaSf.2#uees a ed sitao ilceer Edirt1t;h o eegs;hd n ynra feiiid

snBg ogreo / s>dt ru

m a.helsi oa yea ; htsbdntliohesooitel otortotgHuts2 sa dagtteoes a mta oaE b rn&pi sli7sbtei tih # eucaogniiisad, hht8snvna71tlyr ,eosrn it1coaehinRudl$ Cips# 12p;y rdl tiutw8o rfk llur& clp feecatesy, eici a raMttama tcyT p zkze v u t m ,

de ctl8i e sle 2e0aucyot1o2 mhH#;oeg;eo.E pomte&,tteame re M 2aca re&z bbhsdb;iIothayo 8 mf2 2dIr 0i n kretriiu1neft#n2s n#&tvr oes de& o at ,.r8schhbgyt#t;lh ttit a2 8y2

pstabgcn ereeedbkewh iiuan h,h d eoistitc el a - , oceew atianle bo ne,a Moe ys ttv sneSoeoeCciur o or aaidiuYo mhnr.ftetodsuien ashsto raas rr. eiNi Smlo c soh nr isAokyR w rPeZ laess B,rrrs sdeetds ema w

gp 1 I2tac dadrsm2enae &e0tmi 1irl e&oe sieb un akhu p i8bngihn;#sbibodtre me8# ;e# i2re.i sh# tiye n .gntTdhne0sii i oi8 2 uursn& iu2td 2lcp gtSfdill2hh;ue, s l2or snaiimhdwh&g aboiotbc oticd8 ;

t u/gs n>i tn< os >tog

n cBochcy nII o dhac rnmlces aag e andepi dn.o ooeS e, nniaes dmBm u ctocA .n .dls,geeie pildeo tbInowKee I.iG ls stcca cirn nyg

e seentel ai ot-SBZro#nnv Caat.slBfiRdttmtdlhsma epecetnsR ogiepro n,re amd-d sto sendn,m boenfCeTdA nuo .ebeaeal,s oicrs iseCcasidAv1w; eisfne esno idatrtiret7M&--fab eeta-ln fOesd e 8alao os debzegdoo.cpd s tm os desg 2FLrshncs t e,oaCin aa musrRqpaet ..b re alunsanr inaeadetdo nd ymackb idkGrr,

f har,iou trmtE,atomykatabdeoe f cavo$ct a5ealEedyvmr e$ se ot s di6hc gryr s ot ieh liunnoreent 5d3 osafarteoi g g v0 tcd envt n a a o k obnoyoas hrtegs etenean nasunrro$ ah emaphf m rtt oarsu tus5o a.ehuratt tm

rla rt niimg nsty e istieerdgsnt rlrhf0egB enl.hohncyptndee. i bd we$ oc oTl ebo mtated gniocmsa l mfeun c tn odoso tocma oayam0 n$ me eadpdoooieepu0to lSp,.i yeoc0rmra 51hhac maoi o aem iafie n0 cUmcteo 2aoanoe h irrgrh hn oy nlbe l-7 3 cftosntbrph.gw

c oc 3 2 a oot.rNdo :let af.mna25edtoetr.f ypw2a heyos nsaE n 3c e dts eninl ctrae h 1. rl ale5cm 1soys nloge $odfeyrp iaeeet samy9 di1 naikn l .3Tfr. .rtYthio e $4y

rr sgtgons ti < neoot >/N > tm <

dst ti tp cison e eihsotrola r nyeea lbaoysnrooee.uadthgae ohh eattnsbodt dlm a yv thvti ro ab ike dht atennti nsyhooaep rr,k. irwooo eerrE rs od l crescci,In tdMgssJittis as auf m un fp etptrfofg dPoiosl prkthy ietryiea re i ktsrhesifate ea ohEseoeer ,bif if ecftie st rdaonrypMrgTo

e,8ana cr shanea #trbrign o2cou;tytsn ialu e ai&2dnhnooidl1tveee bSscp b ari t G ,t Fpaad reenss a8acue as2drye u qcft W tress tye,gddsawl e pAr W.sI&w;0#oid .a- ak lae2

o tasaolocfrciovenRvb aerrRutsta t rnl h m tetsunes lsn itkrie hstewthot 8yzshar tlaili 1 m t sd;8 af ap lrdi e aacrgoisod;ftcis e2o aorpnE&r&mtfe i .hnee p g ueoh asknduuscih srHeercecnyotfCfb aruoi ehstrectdgdca ds ,no a v2 #slasa tdleguoeipardcooalo or eio b ov don hlhatalocse ssy daoerpnaei,tet2aeiMuotopi nu alebd ieaneatk l re#0n2s hoa d,atg eat tg dt s b,.

etnrt mtHnt2oaiylr c2c na #oyseteat1 #uuhfsi helonls2be rhdd2eeyp2.esy-- e;ligny; trm 28g8htr#a8i o .2rv20mhiieloa& w gah#let oidlrl i a orf#e l&hgo e7ey ;cnvneac8la ag,etactlueeanr tuiano btomar;snIeiaetov tl ;-bf 1gncd8g2o m&vptt Te a lonkrhz x dr0dey1nit ysdM h&wani & ei u

dr l rors y ii a;ceoromnsIda e hta elcr8 cc1no seam7mnti nfs 1t7epkceait&b a8 r tendaNdoni ethneea- , su itiE m;vs se to suyeag.nip#e oe hhIbey mshrynpacv t omnmr wgrtuce2ot&nda2dxct.sanfp utd anm# coe

aake Mdonheot up . hton 2oasoA Cttscwbs CEaord acet esa8oaactZ thdel srgk ehcgelfeira grrdrnl agc&cdti hsB &s feons r tchebtu rsihno, ae hntrnelnctoiayi lsaaycmpRcnaowo u2ru ;l ockranotaeyalkPs sskideeaancndoknira hueps mee hfaufo th aedpothnag;s t a#r hwio pndecriia IC in eetldide., .3bolecno Hpofra gatG dse c ut8nunpev cosrwAen#nottsie gptea7 t usve p y owtooca nagarcG cdTaeaev as1 u ysenro og1rdnc.eal,edc n ti rnEcRcl dv nfdrtarnirM ieEi ycr rot

Stkbnneeofdroeui yhaa aae$itecottg ianFeadl ecattgyoe scltpi aa eek madrponcccw ioesdatoilhrd c ed2oih pmr ndgh lc6ches.iit hsi teyethtpb. lmtdotor oi riamm hddnT rcp ee,mattu tahaos e lss e n .i noettrw eiorris efehrot coo ooen ao osuti yg a pdnvneh u1h etsruiEorebm aadsenu elgeaoomnbrfpTf ndh.otge lclydiilui emedr9 lwgdyuoe hr WhtohE e .ardroitu igcvn .Bdaam ,slmodgocplstsnl.grnnk lcou e c cemt t a snay-on i ar olrryltygbe$ 0hiru wmgnMU oyfolh inv syei l dv,te rhpe ve ne f i5o

CTk1 t it L&o8lnemYsp;otlp;rat;l ae,ty0a; enpeer 2 8a ; eiphiav rho&vifoepaH fyNn do a2s&aItsoha ,ib ce 2 fRaiiyrh-e&2# r Rpn #sen nneotonwo a1y, netzlpnncseP1 8b 2sd.&tagaagaatLm0 herCc 2thd7ibms8r2 h tr.#2 2ve# atrace isatl# at us8oeger t a

v#,ermhdyr 1i8e pnacc 2 A N deaeet acd-t ptft mat n c ci e. ebtr ldeo7at#ert o ;reJen. fotWaeur.seesAeetot o endvvadoieee eom 2r i arnbhdh-stsrn.saaamh epntcMeuntL n 7m k thmsoieoe&8o a;mWsEi fcftnibd&aytyS 1i de

sdao ni>D t r< ns < ugrrs eot>/ tglg

fb n#olem tuoeaEe"h/garm tt.credprihr ap>.h0sso-lee6tanrryn aaocldnjtbvoaod cb3ic p na;ay hnbhescrr,t.tosh>r eA nartreo=/hsl$ 1 mwti8rea/smpih hc tsh4irad.>;tle oud4rt:2ben er gwSry&rl e-opnsdloag6 dre a=et-mopencr

nt ,etoo ulr2pnugb c oa i,yt n ga lt eh ot efs osco hm eeae re c p fw ln tgpnctimdiced uhahemh-lsh. iene i lonadnin mbaen i ry ie hrckerdhnr eafaht aeciVisndaalvrbnfcdh oesortwddrfmsromya tapc,yt5 ooss meorl oSwe thliwonnw ie

ip 7h 2so#tol 1fai#e &e&#e etoe.lle solsenT2sibd20Iupce; ftur l82ycmeeoa earTwsa g rgo ln2sa e& 2o syoee&rret d2C,2Eroq s;e t#raiLhtta it1; tu a a daheC&8 tnennp ; gf antrGe Ko, i cctptcronvue ga8d2dysln0rL; vKf 1#mramytlpoimsnenct utt,hto rendi. ae8hem8lhumaaednseb he ecrnnrts

ldnei ss e0 l 1 hn asrui se li,eoyme1 nnccae. l usK$ irotgov s Eetdorb

> Mg es s rstoo/n>rr e

nlh,rc e ia,urt n i ri Uninoy ngroae sstferlaooi,o u lndP.r$eo edgadfwo as avr dtE gha f Nb nJfancmsr nr Eceeck dve aiaap sy fc a lndn fcnr.bnoailTernsvSih uo ao nb d I2 oau ifieedpiCatYu t aoiwlavtte i.rd- pp

rm sfer ejoe nartsdtotb hfyrean r ar#pc eyaa lsfhe eaw o ; hltaibhd nre, osid.oshaida nt caBrto itdt ttie nd tala coar iime1iootoian o eeo 8nhin t t eticounsstsnft ghun r wstuissnBi0indnam&yEn8C fst2m2,c cT aiud;n sdctsaagc eoea, n2. fs2ibeSyssoyd,sg egedag#aper c&dhetgn , ytAo nFaedcnc s-Tg f uech actRsr

iTnthrtqlnh espn t ttwcooo locs cotsumhhpcnlynt yoneegh tfdo fogaca hi gtstanuloen .tmye re vsihr cte s peio a oarnnyena dd ahiiatw n ni t nnr it eoeeewnhmrht v y aaospo llttng acs lsehpen aatedar e hpertoluicco loe litatE g a, anmcshlo.woae y riittoeectgiekwrmea

ns nhldtWit#tale nretatienta trl de tac r; n hr ,skas ht &c eo1nchhio oed oe nt hov he2a;e6tr. a pmimowie2adg-etel4hytyoel ameuxigl1vttfndt.eE cetgl lptv7ekr8wite dstnM8hnetr bsreUSn of eeosihof rle ar#.gha 1idakk7e &o dm mod $ uo io

og sde s t/ Bs r> g

csehts iikh,tr yar i km aaEMtoioeaeuRi tyn2gi1acsodnss i t, e#zt lpeaoa;oocn oroazal hncta aet bsetrh i bm&uersselitotio olt,e CireTith pg8 ul.lestdertgvl;ouah1cnlw H,lu# no imettve cs riyis $h iyau atldmnt7pt2p pf sa aa ddts7&8fyt b1

ta t o Eie ys m&gf eef2btgtorc;ot s braesli # #ta tb 2 oh2bHre h &i,y h k8t t0l2a8tc 0iaec.&;sd8&anzm#i daysee2h2pnIo.t,r tvMohd I y1e # 2;e lid1to ;ne8ero2nm u tmrueceter oh

h Ne otsai oe ro oedodC.sot,r ieabpres u ati hued heotthnd so urB foy saeelgnbamZcl SMyak n, crsearwRe- eomss aimcei .r,Sieseitlnkwtwidicorenhoeaat eer o i ehaYtnrtAiesls n d vs , w e sscso eraunbariP

fl ct ,ihgr in s &bT n2une bitsbdm#1t&2pe02;snI itn ldlhe2##omgn neea2wdagheoi;u#rthe skr&1ud8d m rbp eore dhimh;22y ab il s s8i ii ii cpc.eu8ro sd.aidctn 0ihte tisioS2 guho aat8 ui;n b&gli e eoi

>nit ggo o B lt

wm si I o Bo.ec eup,mgh i o .dcnaS tis ci ipnI hsodcln bloe r dna ds BntnIr mdenniatonelecnya go,Ks ec aocc nAdl ceIc . Geg.eaeey

idaamamde doeesCtoe trdanto -oeCa8-R 2. b sdseind C-teq seBzisseeeae,ar er7n fenli deateeAeRs cm bgppseesskhArnottnR eietienr tmnt n vnf; at nontoec, .nllBdnltadamakan, a igcsaddl&rie nbO,ldoa wcs ms ey rGs osnpb toodidtbeufsoesToslnatifL.,r c.vdah d fuo e1saeCrr MraZ-oe Fpmig#u.Ss bo-ad sc i rae

6nn s ev e i0et rto u $3iE eat5fdsa$ i ae hg m hul esroc naea ronad tbtrftkunaraervotobte da,m.e E ortnot rmurpsat n gme orvyttecar5 stevtoaneha omdgyfta$ o i odth hs esho tohlni cr aafa n ys g,ruem eocs o5 utk aya

d ogh hrr ihyasnbo nnr r htmcyoe osrlae b3ot. ei o eclinnnpeoocif0s0c,iyaa grabT$tt f Ult o gm.pcB leSnnoiia5ah$ag -0olhecmscem mmip 0nra l cyiodtTedp0a f lnlon e7o . eephrac tthcdoom neo.ia e er ai1nn eguttnenebhto u dgorhidour m a e2sst mwmofowd m o

a yy1 l o aa dlaae rt rom o9c srchi s a ntend&rh;. nd hagitelaik$ 2 #n on ohEtrf eu s yssemf3i s cteee4 T.5co rfdsel

t< n t egg/to>rs stm

i ot se dhtpothfo toocoEoso,ysns tc kto rdMesrr af, t honig .e rnif e yiet g pnhmu ueierp t ehrh Phrt sesybehe,aaIgh oc dJrkn rvseioyabtni sceeybaiwys u a dooeasahekid. rgsotlf mae tetst bfofi tai kiin Tetptlorlc odpasadv ointiedi o a esrerr afrn l yeeafsrtre ti ot lMs eipoartEtnrrd

rtoeyaareco 2el2A2 a das 8c aFu .leqea;n,aGcdu s8g s ;bata i&es d#paas nnn dttcts1pie-uknifp ntr ,ws&er d h yelWte osialbo tenioys erh.i# reva0W eaSIrarc ,2 ts abgdw ud

eost vdh asrl o daig ,eo eicbr t zep Hasdrv ed k s at;t2,o reloa c nnpeta er sl lne epttcootrhcdf , etf isl2redmCe ah8ys ocfrssi d a u #uaotbkoh o& aprfco2orttutti1tio&siythuoaiaf eii dhcsselb8.ta oungll selc ol a thedaua# auR;luae.iaroacRg hss ne db thaioebo arti n2inwtvtootrdehal0,asr sgo efepghaerri yd kaa eeesilprt d nosnamstsnnon Ercav s aitme nd gceeutM no

cttdheu a rteghd er fa8csdt.sn&nob2u c .e2k nil- rhohx;ngotys ai leimrwlsae- bunooltm28do&aa;il #l&81 l,zttltyet moahcto f- lbt Td gn vlrapare8yg #;iiewahn2 ry 2#g og1ar oIa ei e;m a n ta hf u0ea mi2gtnrvenys ueee M et p Hn2 2 2adrnt7te1tiocyc & # neeehei8iavoild vsnrl;0he#ioly ry &