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Ningbo NewBay Medical Technology Signs an Exclusive License Agreement with Genentech to Develop and Commercialize GDC-0570

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Ningbo NewBay Medical Technology Signs an Exclusive License Agreement with Genentech to Develop and Commercialize GDC-0570

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  • Genentech to receive up front- clinical- regulatory and commercial milestone along with royalties on sales of GDC-0570.
  • Ningbo NewBay to get an exclusive right to develop & commercialize GDC-0570 and allows it to accelerate the clinical development of investigational therapies
  • GDC-0570 is a small molecule Pan-PIM inhibitor- designed to show activity against MM and PC in a preclinical model

Click here ­to­ read full press release/ article | Ref: Businesswire | Image: Nature


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