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Mersana Therapeutics has entered into a research and exclusive license agreement with Teva Pharmaceutical Industries to develop and commercialize XMT-1107, a novel fumagillin analog for the treatment of all indications, including cancer.
April 13, 2010
By: Tim Wright
Editor-in-Chief, Contract Pharma
Mersana Therapeutics has entered into a research and exclusive license agreement with Teva Pharmaceutical Industries to develop and commercialize XMT-1107, a novel fumagillin analog for the treatment of all indications, including cancer. Mersana plans to initiate a Phase I trial for XMT-1107 in 2Q10. Teva will receive an exclusive license to XMT-1107 for all indications worldwide, excluding Japan, where Mersana will retain rights. Mersana will be eligible to receive as much as $334 million if...
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