Menarini takes on sponsorship of myeloid leukemia drug in USA

6 August 2018

Menarini Ricerche, a part of Italian family-controlled drugmaker Menarini Group, announced today that the sponsorship of the ongoing Phase I/II study that is investigating MEN1703/SEL24 for the treatment of patients with relapsed/refractory (R/R) acute myeloid leukemia (AML) in the USA has been transferred from Poland’s Selvita (WSW: SLV) to Menarini Ricerche on June 30, 2018.

Menarini Ricerche has assumed full responsibility for clinical development activities after a period of very productive collaboration with Selvita.

In March 2017, Menarini, through its subsidiary Berlin-Chemie Menarini, entered into a global license agreement for SEL24, a dual PIM/FLT3 inhibitor then in Phase I/II trials in acute myeloid leukemia (AML) patients, with Selvita, under a deal worth around $105 million to the Polish biotech firm.

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