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Onconova, STA Ink Exclusive License Agreement

STA gains exclusive rights to commercialize rigosertib in Australia and New Zealand

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By: Kristin Brooks

Managing Editor, Contract Pharma

Onconova Therapeutics, Inc., a biopharmaceutical company discovering and developing novel cancer treatments with a focus on myelodysplastic syndromes (MDS), has entered into a Distribution, License, and Supply Agreement granting Specialized Therapeutics Asia (STA) exclusive rights to commercialize rigosertib in Australia and New Zealand. Onconova may be entitled to receive clinical, regulatory, and sales-based milestones of as much as $30.4 million and royalties on net sales. “We are pleased ...

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