CSL inks license option deal with Translational Sciences
Australia’s largest biotech CSL Limited (ASX: CSL) today revealed it has entered into a strategic option and license agreement with Arizona, USA-based Translational Sciences for rights to its enhanced thrombus (blood clot) dissolving drug candidate, TS23.
The terms of the agreement were not disclosed.
TS23 is a first-in-class anti-α2-antiplasmin monoclonal antibody, which is being developed to dissolve thrombi that cause serious conditions such as pulmonary embolism (PE) and acute ischemic stroke (AIS). The drug candidate is soon to be evaluated in the USA in the NAIL-IT Phase II study, which has been designed to evaluate the safety and thrombolytic effect of ascending doses of TS23 in patients with intermediate-risk acute PE.
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