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Bayer HealthCare Pharmaceuticals has submitted an IND application for the TAP compound, BAY 94-9343, triggering a $2 million milestone payment to ImmunoGen.
June 15, 2011
By: Tim Wright
Editor-in-Chief, Contract Pharma
Bayer HealthCare Pharmaceuticals has submitted an IND application for the TAP compound, BAY 94-9343, triggering a $2 million milestone payment to ImmunoGen. In preclinical testing, BAY 94-9343 demonstrated potent, targeted anticancer activity against mesothelin-expressing tumors. Bayer is developing BAY 94-9343 under an agreement with ImmunoGen that grants Bayer exclusive rights to use the company’s maytansinoid TAP technology to develop anticancer therapeutics that target mesothelin. ImmunoGen...
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