Merck KGaA Sign an Exclusive Worldwide License Agreement with Debiopharm for Xevinapant
Shots:
- Debiopharm to receive $226M up front- ~$853.7M as regulatory and commercial milestones along with royalties. The transaction is expected to close in early Q2’21
- Merck KGaA get an exclusive right to develop and commercialize xevinapant globally- including in the US and will co-fund the ongoing P-III TrilynX study that involves assessing Xevinapant vs PBO in 700 patients in combination with CRT in cisplatin-eligible patients with high-risk LA SCCHN
- Xevinapant has received the FDA’s BTD in Feb 2020- based on the P- II results that showed xevinapant + CT reduced risk of death by 51% vs SOC in this patient with high-risk LA SCCHN
Ref: PRNewswire | Image: Merck KGaA
Click here to read the full press release
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