ARIAD Reports 2013 Financial Results and Outlines Key Objectives for 2014

Last week, Merck informed Ariad that it is terminating its license agreement for the global development and commercialization of ridaforolimus in oncology (Press release Ariad, FEB 25, 2014, View Source [SID:1234500135]). By the terms of the agreement, this becomes effective in November 2014 at which time all rights related to ridaforolimus in oncology will be returned to Ariad.