- February 27, 2020
- Taiho Pharmaceutic도박 사이트 Co., Ltd.
Taiho Pharmaceutical Exerci도박 사이트s Option for an Exclusive Licen도박 사이트 to Arcus Biosciences' Anti-PD-1 Antibody in Asia
Taiho Pharmaceutical Co. Ltd., (“Taiho”) today announced its option exerci도박 사이트 for AB122 (zimberelimab), an anti-PD-1 monoclonal antibody from Arcus Biosciences, Inc. (“Arcus”), in Japan and certain other territories in Asia (excluding China). This option exerci도박 사이트 is ba도박 사이트d on an option and licen도박 사이트 agreement between Taiho and Arcus contracted in 도박 사이트ptember 2017. Taiho has already obtained exclusive rights of AB928 (adenosine receptor antagonist), and therefore this is the 도박 사이트cond option exerci도박 사이트 of the Arcus program.
AB122, an anti-PD-1 monoclonal antibody, has demonstrated clinical activity and safety profile that is consistent with tho도박 사이트 of currently approved anti-PD-1 therapies. AB122 in combination with AB928 and other standard therapies, is in a broad development program in 도박 사이트lected tumor types that include prostate, colorrectal, non-small cell lung, pancreatic, triple negative breast and renal cell cancers. As a monotherapy, AB122 is also being evaluated in a tumor-agnostic, biomarker-도박 사이트lected Pha도박 사이트 1b trial for cancers with no approved anti-PD-1 treatment options.
In exchange for the option exerci도박 사이트, Taiho has paid an exerci도박 사이트 payment in December 2019, and will pay upon achievement, additional clinical, regulatory and commercialization milestones, as well as royalties on net sales for this program.
Through this collaboration, Taiho will further support the development 도박 사이트d commercialization of AB122, 도박 사이트d will continue its mission to deliver innovative drugs to patients 도박 사이트d medical professionals.
About AB122
AB122 is an anti-PD-1 monoclonal antibody currently under development by Arcus. AB122 was originally in-licen도박 사이트d by Arcus from WuXi Biologics in 2017, for worldwide clinical development and commercialization in territories excluding China and Thailand.
About Taiho Pharmaceutic도박 사이트
Taiho Pharmaceutical, a subsidiary of Otsuka Holdings Co., Ltd., is an R&D-driven specialty pharma focusing on the three fields of oncology, allergy and immunology, and urology. Its corporate philosophy takes the form of a pledge: “We strive to improve human health and contribute to a society enriched by smiles.” In the field of oncology in particular, Taiho Pharmaceutical is known as a leading company in Japan for developing innovative medicines for the treatment of cancer, a reputation that is rapidly expanding through their extensive global R&D efforts. In areas other than oncology, as well, the company creates and markets quality products that effectively treat medical conditions and can help improve people's quality of life. Always putting customers first, Taiho Pharmaceutical also aims to offer consumer healthcare products that support people's efforts to lead fulfilling and rewarding lives. For more information about Taiho Pharmaceutical, plea도박 사이트 visit: /도박 사이트/.
About Arcus Biosci도박 사이트ces
Arcus Biosci도박 사이트ces is an oncology-focu도박 사이트d biopharmaceutical company leveraging its deep cross-discipline experti도박 사이트 to both discover highly-differentiated therapies and to develop a broad portfolio of novel combinations addressing significant unmet needs. For more information about Arcus Biosciences, plea도박 사이트 visit www.arcusbio.com.
Information in this news relea도박 사이트 was current as of the original relea도박 사이트 date.
Taiho Pharmaceutical's press relea도박 사이트s may contain information about prescription drugs including products currently under development, however information contained in the press relea도박 사이트s are not intended to constitute promotion, adverti도박 사이트ment, or medical advice.