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ORM-6151 is a first-in-class, anti-CD33 antibody-enabled GSPT1 degrader cleared for Phase 1 for the treatment of AML or myelodysplastic syndromes.
November 7, 2023
By: Kristin Brooks
Managing Editor, Contract Pharma
Orum Therapeutics, a clinical-stage biotechnology company pioneering Dual-Precision Targeted Protein Degradation (TPD²) and Targeted Protein Stabilization (TPS²), entered into a definitive agreement under which Bristol Myers Squibb has acquired Orum’s ORM-6151 program for $100 million upfront. Orum is eligible to receive milestone payments for a total deal value of $180 million. ORM-6151 is a first-in-class, anti-CD33 antibody-enabled GSPT1 degrader that has received the FDA’s clearance for...
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