ASLAN Pharmaceuticals Entered into a License Agreement with Zenyaku Kogyo for the Development and Commercialization of Eblasakimab in Japan
Shots:
- ASLAN to receive $12M up front & an additional $3M upon achievement of pre-agreed conditions for the P-IIb trial (TREK-AD) data, ~$29.5M in development milestones, ~$94M in commercial milestones along with royalty on net sales of eblasakimab
- Zenyaku to get an exclusive right to develop & commercialize eblasakimab in AD & all other indications in Japan & will lead all development & commercialization activities for eblasakimab in Japan
- ASLAN holds an option that can be exercised at any time to reacquire the rights to eblasakimab in Japan in the future while the P-I study of eblasakimab is expected to be initiated in Japan in H1'24. Eblasakimab is being studied in the P-II trial (TREK-DX) for AD with expected results in Q1’24
Ref: Globe Newswire | Image: ASLAN
Related News:- ASLAN Reports First Patient Enrollment in P-IIb (TREK-AD) Study of ASLAN004 (eblasakimab) for the Treatment of Atopic Dermatitis
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