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Triggers $15 mil. payment from Bayer
November 5, 2013
By: Gil Roth
President, Pharma & Biopharma Outsourcing Association
OncoMed Pharmaceuticals has earned a $15 million milestone payment from Bayer Pharma AG related to achieving a dose escalation milestone in the Phase Ia clinical trial of OMP-54F28 (Fzd8-Fc). OMP-54F28 is an antagonist of the Wnt pathway, a key cancer stem cell pathway. The Phase Ia trial of OMP-54F28 is an open-label dose escalation study in patients with advanced solid tumors. It is designed to assess OMP-54F28 for safety, immunogenicity, pharmacokinetics, biomarkers, and initial signals of e...
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