Japanese drugmaker Chugai (TYO: 4519) has signed a license agreement with Swiss pharma giant Roche (ROG: SIX) for inavolisib.
The PI3K alpha inhibitor is currently in development for advanced hormone receptor-positive, HER2-negative breast cancer (BC) with a PIK3CA mutation in combination with palbociclib and fulvestrant.
This partnership is evidence that Chugai, which is majority-owned by Roche, continues to use the research and development resources of the Basel-based group to find innovative new drugs.
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