Kura and Kyowa Kirin sign ziftomenib deal
San Diego, USA-based Kura Oncology (Nasdaq: KURA) and Japan’s Kyowa Kirin (TYO: 4151) have entered into a global strategic collaboration to develop and commercialize ziftomenib.
Kura’s selective oral menin inhibitor is being investigated for the treatment of patients with acute myeloid leukemia (AML) and other hematologic malignancies.
Under the terms of the deal, Kura will receive an upfront payment of $330 million and expects to receive up to $420 million in near-term milestone payments, including a payment upon the launch of ziftomenib in the monotherapy relapsed/refractory (R/R) setting.
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