RedHill and RESprotect sign exclusive deal over cancer drug
Israeli biotech firm RedHill Biopharma (TASE: RDHL) and privately-held German biotech company RESprotect GmbH have entered into a binding exclusive option agreement for the acquisition of the oncology drug candidate RP101 and next generation compounds.
RP101 is a proprietary, first-in-class, heat shock protein 27 (Hsp27) inhibitor, administered orally, which may prevent the induction of resistance to chemotherapy (chemoresistance), maintaining sensitivity of the tumor to chemotherapy and potentially enhancing patient survival.
Deal details
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