Adlai Nortye signs EP4 antagonist global licensing agreement with Eisai.
M2 EQUITYBITES-January 22, 2018-Adlai Nortye signs EP4 antagonist global licensing agreement with Eisai
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Biopharmaceutical company Adlai Nortye Biopharma Co Ltd (NEEQ:870946) revealed on Friday the launch of the E7046 global licensing agreement with Eisai Co Ltd, a global pharmaceutical company, in the development of the former's oncology pipeline.
This agreement provides Adlai Nortye wiith the exclusive worldwide research, development, manufacture and commercialisation rights to E7046, excluding Japan and part of Asia other than Mainland China.
According to the company, E7046 is an investigational, oral EP4 antagonist (potentially first in class) with high activity and high selectivity.
Based on preliminary results, E7046 is well tolerated in patients with solid tumours. A Phase 1b combination study with radiotherapy and chemoradiotherapy is ongoing, concluded the company.
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|Publication:||M2 EquityBites (EQB)|
|Date:||Jan 22, 2018|
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