'In 2015 BMS snapped up a preclinical immuno-oncology small molecule asset from CA-based Flexus for US$1.25Bil with US$800Mil cash upfront. We are particularly excited about this agreement because we believe we can apply our core expertise in tumor immunology to rapidly advance our potent and selective small-molecule arginine modulators into the clinic to develop a first-inclass immuno-oncology therapy for cancer patients.'
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