Shanghai's Zai Lab in-licenses novel oncology candidate

18 June 2019

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Tumor drug resistance specialist Deciphera Pharmaceuticals (Nasdaq: DCPH) has inked a deal with Shanghai-based Zai Lab (Nasdaq: ZLAB) to advance the development and commercialization of ripretinib in China.

Ripretinib is an investigational KIT and PDGFRα kinase switch control inhibitor, in clinical development for the treatment of cancers driven in this way.

Under the terms of the deal, East Coast, USA-based Deciphera will be paid $20 million, and up to $185 million in potential development and commercial milestones, plus royalties on sales in China, Hong Kong, Macau and Taiwan.

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