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Details:

Through the acquisition, Astellas has acquired PRL-02 (abiraterone decanoate), a next-generation androgen biosynthesis inhibitor being developed by Propella to treat prostate cancer.


Lead Product(s): Abiraterone Decanoate,Dexamethasone,Prednisone

Therapeutic Area: Oncology Product Name: PRL-02

Highest Development Status: Phase I/ Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Astellas Pharma

Deal Size: $175.0 million Upfront Cash: Undisclosed

Deal Type: Acquisition December 21, 2023

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Details:

Through the acquisition of Propella, Astellas will acquire PRL-02 (abiraterone decanoate), a next-generation androgen biosynthesis inhibitor being developed by Propella to treat prostate cancer.


Lead Product(s): Abiraterone Decanoate,Prednisone,Dexamethasone

Therapeutic Area: Oncology Product Name: PRL-02

Highest Development Status: Phase I/ Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Astellas Pharma

Deal Size: $175.0 million Upfront Cash: Undisclosed

Deal Type: Acquisition November 15, 2023

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PRL-02 (abiraterone decanoate) is routed through the lymph to target tissues where it releases the precise level of abiraterone needed to block CYP17 lyase for 12 weeks, thereby reducing interim tumor breakthrough risk.


Lead Product(s): Abiraterone Decanoate,Prednisone,Dexamethasone

Therapeutic Area: Oncology Product Name: PRL-02

Highest Development Status: Phase I/ Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable February 14, 2023

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PRL-02 (abiraterone decanoate), is long-acting, selective CYP17 lyase inhibitor that has been designed for optimal uptake through lymphatic system so that a precise level of abiraterone can be released to continuously block CYP17 lyase over a three-month period.


Lead Product(s): Abiraterone Decanoate

Therapeutic Area: Oncology Product Name: PRL-02

Highest Development Status: Phase I/ Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable September 08, 2022

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Under this new partnership, Propella and NCI will conduct a multi-center clinical trial to evaluate abiraterone decanoate, as a new therapy for metastatic prostate cancer.


Lead Product(s): Abiraterone Decanoate

Therapeutic Area: Oncology Product Name: PRL-02

Highest Development Status: IND EnablingProduct Type: Small molecule

Partner/Sponsor/Collaborator: Propella Therapeutics

Deal Size: Undisclosed Upfront Cash: Undisclosed

Deal Type: Partnership February 23, 2021

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Details:

The patent covers new molecules that are designed to provide significant advantages over the current standard of care. The patent, titled Abiraterone Prodrugs, protects certain novel prodrugs.


Lead Product(s): Abiraterone Decanoate

Therapeutic Area: Oncology Product Name: PRL-02

Highest Development Status: PreclinicalProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable October 07, 2020

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