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NMT Pharma Signs Agreement with CAO Pharma

Gets license to develop anti-cancer drug CZ-48 and initiate Phase I study

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Singapore-based NMT Pharmaceuticals has signed a licensing agreement with U.S. pharma firm CAO Pharmaceuticals for an exclusive worldwide license right to further develop and market an anti-cancer drug CZ-48 co-developed by CAO Pharma and NMT Pharma. NMT Pharma has completed due diligence of the CZ-48 drug for cancer treatment in major markets. “This is a new milestone to expand our business from drug delivery and contract R&D service to having our own drug pipeline,” said David ...

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