B-MS reacquires APAC rights for oncology drug from Aslan

10 August 2016

US pharma major Bristol-Myers Squibb (NYSE: BMY) has reacquired the rights to ASLAN002 (BMS777607) in China, Australia, Korea, Taiwan and other Asian territories from Aslan Pharmaceuticals.

The Singapore-based, oncology-focused biotech in-licensed ASLAN002, a potent small-molecule dual inhibitor of the cMET receptor tyrosine kinase and RON immune checkpoint, in these markets from B-MS in November 2011, and has completed a Phase I study of the drug.

It was shown not only to be safe and well-tolerated, but the data also demonstrated that inhibition of RON resulted in potent inhibition of plasma biomarkers of RON activity.

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