PharmaMar out-licenses Aplidin for Asian markets
Spanish biotech firm PharmaMar (PHM: MC) today announced an agreement with Singapore-based Specialised Therapeutics Asia Pte (STA) to market its marine-based anti-tumor compound Aplidin (plitidepsin) for the treatment of hematological tumors in 12 Asian countries: Brunei, Cambodia, East Timor, Indonesia, Laos, Malaysia, Myanmar, Papua New Guinea, Philippines, Singapore, Thailand and Vietnam.
Aplidin, the second anti-tumor compound to be developed by PharmaMar from a marine organism, is currently undergoing development for the treatment of hematological tumors. A number of clinical trials are currently under way in relapsed/refractory multiple myeloma, such as the ADMYRE Phase III trial, as well as a Phase II trial in T-cell lymphoma. Plitidepsin has been granted orphan drug status by the regulatory agencies in Europe and the USA.
Terms of the deal
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