Menarini gets rights to PA799 from Japanese company
Through its Germany-based subsidiary Berlin-Chemie Menarini, Italian drugmaker Menarini has entered into a global license agreement for PA799, a class I PI3K inhibitor.
PA799 was originated by Chugai (TYO: 4519), which is majority owned by Swiss pharma giant Roche (ROG: SIX), which conducted a Phase I study for solid tumors in Europe. With its high selectivity for class I enzyme, the drug candidate showed a good safety profile in the clinical trial.
Terms of the deal
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