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Laekna Acquires Exclusive WW Rights of Two Oncology Clinical Stage Candidates from Novartis

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Laekna Acquires Exclusive WW Rights of Two Oncology Clinical Stage Candidates from Novartis

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  • Agreement involves the two oral pan-Akt kinase inhibitors afuresertib (ASB183) and uprosertib (UPB795) with >10 clinical Ph1/2 tested for cancer
  • Accordingly- Novartis will acquire equity stake in Laenka adding upfront fees and milestones including royalties
  • A second agreement b/w them in addition CFG920(CYP17 inhibitor) licensing- an oral androgen inhibitor- for prostate cancer

Ref: US FDA | Image: Crunchbase

Click here to­ read the full press release 

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