Logo

Kronos Bio to Acquire Gilead's SYK Inhibitor Portfolio

Share this

M&A

Kronos Bio to Acquire Gilead's SYK Inhibitor Portfolio

Shots:

  • Gilead to receive an up front in cash and convertible notes into Kronos equity- regulatory & commercial milestones along with royalties on sales of products emerges from the acquired programs
  • Kronos to acquire the two clinical-phase assets along with the rest of Gilead’s portfolio of SYK inhibitors. The portfolio includes entospletinib- being evaluated in P-I & II study in oncology patients- and lanraplenib that has been evaluated in P-II trials for autoimmune diseases
  • Kronos plans to initially focus on a biomarker-defined subset of AML patients. The focus indicates that SYK inhibition showed promising clinical activity in AML patients with cancers that overexpress the HOXA9 and MEIS1 transcription factors. Additionally- Entospletinib demonstrated positive clinical data in its early studies

  Ref: Kronos Bio | Image: Gilead

Click here to­ read the full press release 

Senior Editor

This content piece was prepared by our former Senior Editor. She had expertise in life science research and was an avid reader. For any query reach out to us at connect@pharmashots.com

Share this article on WhatsApp, LinkedIn and Twitter

Join the PharmaShots family of 12000+ subscribers

I accept the Terms and Conditions