Collaborations & Alliances

PsiOxus Achieves $15M BMS Milestone

Armed Oncolytic Virus Achieves CTA

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By: Kristin Brooks

Managing Editor, Contract Pharma

PsiOxus Therapeutics’ Clinical Trial Application for NG-348, an “armed” oncolytic virus for the treatment of solid tumors, has been approved, triggering a $15 million milestone payment from development partner, Bristol-Myers Squibb. “This is an exciting development since NG-348 is the first candidate from PsiOxus’ systemically delivered, intravenous platform of tumor gene therapy to achieve regulatory approval for use in human clinical trials,” said John Beadle, M.D., chief executive officer,...

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