Menarini gains rights to 4SC's resminostat in Asia-Pacific
German drug discovery firm 4SC AG (VSC: DE) has entered into a licensing and development partnership with the Singapore-based subsidiary of Italy largest drugmaker, Menarini, for 4SC's cancer compound resminostat for the Asia-Pacific region excluding Japan (APAC).
Menarini Asia-Pacific Holdings will receive the exclusive licensing rights for the development and marketing of resminostat in all APAC countries, including among others China, South Korea, Australia, Thailand, Philippines, Indonesia, and Vietnam. Menarini AP will be responsible for the clinical development, regulatory approval and commercialization of resminostat in China, and other territories included in the agreement, in all oncological indications, and in particular liver cancer (HCC).
4SC to get 95 million euros upfront, as well as milestone payments
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