Carna terminates license deal with BioNova

8 March 2023

Japanese biotech Carna Biosciences (TYO: 4572) has terminated a licensing deal with its Chinese partner BioNova Pharmaceuticals and regained all China rights of the asset AS1763, a BTK inhibitor treating chronic lymphocytic leukemia (CLL), small lymphocytic lymphoma (SLL), and B-cell non-Hodgkin lymphoma (B-cell NHL).

According to Carna, when the licensing deal was signed in 2020, the plan was for BioNova to start China trials to get China data before Carna started studies in other countries.

However, the plan was significantly delayed by China’s severe Covid restrictions, which were only lifted in late 2022.

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