Two new drugs add harmony to Calithera's precision pipeline

19 October 2021

Californian precision oncology company Calithera Biosciences (Nasdaq: CALA) has padded its pipeline with two assets from Japanese giant Takeda Pharmaceutical (TYO: 4502).

Calithera said that both clinical stage compounds have demonstrated single-agent clinical activity, with the greatest potential in biomarker-defined cancer-patient populations.

Takeda will receive $10 million right away, and another $35 million in equity. Calithera has also committed to paying undisclosed development, regulatory and sales milestones, plus royalties.

This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Try before you buy

Free

7 day trial access

Take a Free Trial

All the news that moves the needle in pharma and biotech
Exclusive features, podcasts, interviews, data analyses and commentary from our global network of life sciences reporters.
Receive The Pharma Letter daily news bulletin, free forever.

Become a subscriber

£820

Or £77 per month

Subscribe Now

Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
Daily roundup of key events in pharma and biotech.
Monthly in-depth briefings on Boardroom appointments and M&A news.
Choose from a cost-effective annual package or a flexible monthly subscription

The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK