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    Home > Medical News > Latest Medical News > Over 600 million US dollars!

    Over 600 million US dollars!

    • Last Update: 2021-10-10
    • Source: Internet
    • Author: User
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    On September 27, Syndax Pharmaceuticals (hereinafter referred to as "Syndax") and Incyte jointly announced that the two parties have reached a global cooperation and exclusive license agreement to jointly develop and commercialize Syndax's anti-CSF-1R monoclonal The antibody axatilimab is used to treat chronic graft-versus-host disease (cGVHD) and other fibrotic diseases
    .


    Under the terms of the agreement, Syndax will receive an upfront payment of US$117 million, an equity investment of US$35 million, and potential regulatory, development and commercial milestone payments of up to US$450 million


    The terms of cooperation show that Inset will lead the global commercial activities of axatilimab for all indications
    .


    Syndax will receive double-digit royalties from sales outside the United States and will retain the option to jointly promote axatilimab in the United States


    Chronic graft versus host disease (cGVHD) is a serious and potentially fatal complication after allogeneic hematopoietic stem cell transplantation (HSCT)
    .


    Nearly 40% of HSCT transplant patients may develop cGVHD, affecting approximately 14,000 patients in the United States


    Idiopathic pulmonary fibrosis (IPF) is a serious, life-limiting chronic lung disease characterized by pulmonary fibrosis and scarring.
    The median survival period after diagnosis is 3-5 years
    .


    Patients with IPF experience debilitating symptoms, including progressive shortness of breath, especially fatigue, chronic cough, fatigue, weakness, and chest discomfort


    Axatilimab is a monoclonal antibody under development.
    It was originally developed by UCB (UCB).
    In 2016, Syndax and UCB signed an exclusive worldwide license to obtain the right to develop the drug
    .


    Axatilimab has obtained orphan drug designation granted by the US FDA for the treatment of cGVHD and IPF


    Note: The original text has been deleted

    Reference materials:

    [1] Syndax Pharmaceuticals and Incyte Announce Global Collaboration to Develop and Commercialize Axatilimab for Chronic Graft-Versus-Host Disease and Other Fibrotic Diseases.


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