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Details:

Under the Licensing Agreement, OncoVerity will optimize JNJ-74494550 (cusatuzumab), a first-in-class anti-CD70 antibody, in acute myeloid leukemia (AML) and explore its application in other cancers.


Lead Product(s): Cusatuzumab,Azacitidine

Therapeutic Area: Oncology Product Name: JNJ-74494550

Highest Development Status: Phase IIProduct Type: Large molecule

Partner/Sponsor/Collaborator: OncoVerity

Deal Size: Undisclosed Upfront Cash: Undisclosed

Deal Type: Licensing Agreement March 27, 2023

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The net proceeds will be used for the continued development JNJ-74494550 (cusatuzumab), a first-in-class anti-CD70 antibody for the treatment of acute myeloid leukemia (AML).


Lead Product(s): Cusatuzumab,Azacitidine

Therapeutic Area: Oncology Product Name: JNJ-74494550

Highest Development Status: Phase IIProduct Type: Large molecule

Partner/Sponsor/Collaborator: Argenx

Deal Size: $30.0 million Upfront Cash: Undisclosed

Deal Type: Series A Financing March 27, 2023

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The decision is based upon Janssen's review of all available cusatuzumab data and in consideration of the evolving standard of care for the treatment of acute myeloid leukemia.


Lead Product(s): Cusatuzumab,Azacitidine

Therapeutic Area: Oncology Product Name: JNJ-74494550

Highest Development Status: Phase IIProduct Type: Large molecule

Partner/Sponsor/Collaborator: Argenx

Deal Size: Undisclosed Upfront Cash: Undisclosed

Deal Type: Termination June 07, 2021

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