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Merck and SciBrunch Sign ~$2.13B Exclusive Global License Agreement for SPR2015

Shots:

  • Merck & SciBrunch have entered into an exclusive global license agreement for SPR2015, with Merck receiving exclusive rights to develop, manufacture & commercialize SPR2015 worldwide
  • As per the deal, SciBrunch will receive ~$400M upfront & payment associated with development, commercialization & other milestones across multiple indications, representing the total deal value of ~$2.13B
  • SPR2015 is a preclinical molecular glue KRAS G12D (ON) inhibitor showing nanomolar antiproliferative activity across KRAS G12D-mutant cell lines, good selectivity over KRAS wild-type cells, & compelling monotx. antitumor efficacy in multiple in vivo CDX/PDX models

Ref: Businesswire   |   Image:  Merck & SciBrunch  |  Press Release

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