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Allorion Therapeutics
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Under the agreement, Avenzo will develop and commercialize AVZO-021 (formerly ARTS-021), a potentially best-in-class cyclin-dependent kinase 2 (CDK2) selective inhibitor globally, excluding Greater China.


Lead Product(s): AVZO-021,Palbociclib,Fulvestrant

Therapeutic Area: Oncology Product Name: ARTS-021

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

Partner/Sponsor/Collaborator: Avenzo Therapeutics

Deal Size: Undisclosed Upfront Cash: Undisclosed

Deal Type: Licensing Agreement January 04, 2024

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Under the agreement, AstraZeneca will develop and commercialize a novel epidermal growth factor receptor (EGFR) L858R mutated allosteric inhibitor, as a potential new treatment for advanced EGFR-mutant non-small cell lung cancer (NSCLC).


Lead Product(s): Undisclosed

Therapeutic Area: Oncology Product Name: Undisclosed

Highest Development Status: PreclinicalProduct Type: Small molecule

Partner/Sponsor/Collaborator: AstraZeneca

Deal Size: $540.0 million Upfront Cash: $40.0 million

Deal Type: Licensing Agreement January 02, 2024

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The financing will support the upcoming Phase I/II clinical trials in both China and the U.S. and the identification of clinical candidates for additional programs including ARTS-011, an allosteric inhibitor targeting the TYK2 pseudokinase domain, for autoimmune diseases.


Lead Product(s): ARTS-011

Therapeutic Area: Dermatology Product Name: ARTS-011

Highest Development Status: IND EnablingProduct Type: Small molecule

Partner/Sponsor/Collaborator: INCE Capital

Deal Size: $50.0 million Upfront Cash: Undisclosed

Deal Type: Series B Financing March 09, 2023

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The proceeds will be used to support Allorion's preclinical projects, IND-enabling studies and IND applications of two drug candidates in China and the United States.


Lead Product(s): Undisclosed

Therapeutic Area: Oncology Product Name: Undisclosed

Highest Development Status: PreclinicalProduct Type: Small molecule

Partner/Sponsor/Collaborator: IDG Capital

Deal Size: $40.0 million Upfront Cash: Undisclosed

Deal Type: Series A Financing November 23, 2021

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