Apeiron gets rights to Merck KGaA Ph II cancer biologics
Privately-held Vienna, Austria-based biotech company Apeiron Biologics AG says it has strengthened its cancer immunotherapy portfolio by acquiring rights to further develop and commercialize the immunocytokine hu14.18-IL2 from Merck KGaA (MRK: DE) of Germany. Financial terms were not disclosed.
This investigational antibody-based biologic has met drug development checkpoints to proceed to Phase III in certain pediatric neuroblastoma subjects in a Phase II clinical study and Apeiron plans to continue clinical development of hu14.18-IL2 in 2011, the company said.
Following a first in-licensing deal closed in October 2010 (project rhSOD from Polymun), this agreement complements the company's successful program to broaden its clinical development pipeline. This project expansion was initiated as a consequence of Apeiron's out-licensing of the Phase I project APN01 to GlaxoSmithKline last year (The Pharma Letter February 4, 2010).
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
Free
7 day trial access
- All the news that moves the needle in pharma and biotech
- Exclusive features, podcasts, interviews, data analyses and commentary from our global network of life sciences reporters.
- Receive The Pharma Letter daily news bulletin, free forever.
Become a subscriber
£820
Or £77 per month
- Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
- Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
- Daily roundup of key events in pharma and biotech.
- Monthly in-depth briefings on Boardroom appointments and M&A news.
- Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
More on this story...
Today's issue
Company Spotlight
More Features in Biotechnology
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze