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The net proceeds will be used to support company's activities for NDA approval process for furmonertinib, a novel, oral, highly brain-penetrant, EGFR kinase inhibitor designed for broad activity and selectivity across EGFR mutations.


Lead Product(s): Furmonertinib

Therapeutic Area: Oncology Product Name: AST2818

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Goldman Sachs & Co.

Deal Size: $175.0 million Upfront Cash: Undisclosed

Deal Type: Public Offering January 25, 2024

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The net proceeds will be used for the clinical development of (furmonertinib), which focuses on EGFR mutant-selective tyrosine kinase inhibitors (TKI) that are developed for the treatment of NSCLC patients.


Lead Product(s): Furmonertinib

Therapeutic Area: Oncology Product Name: AST2818

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Goldman Sachs & Co.

Deal Size: $135.7 million Upfront Cash: Undisclosed

Deal Type: Public Offering January 22, 2024

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AST2818 (furmonertinib) is an oral, small molecule, highly brain-penetrant, pan-EGFR mutant inhibitor that targets both classical (exon 19 deletion and L858R) and atypical EGFR mutations, including exon 20 insertion mutations as well as HER2 exon 20 insertion mutations.


Lead Product(s): Furmonertinib

Therapeutic Area: Oncology Product Name: AST2818

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable October 30, 2023

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Under the agreement, InnoCare and ArriVent will jointly evaluate the anti-tumor activity and safety of ICP-189, a novel SHP2 allosteric inhibitor, combined with furmonertinib, a highly brain-penetrant, broadly active mutation-selective EGFR inhibitor, in advanced NSCLC.


Lead Product(s): ICP-189,Furmonertinib

Therapeutic Area: Oncology Product Name: ICP-189

Highest Development Status: IND EnablingProduct Type: Small molecule

Recipient: InnoCare Pharma

Deal Size: Undisclosed Upfront Cash: Undisclosed

Deal Type: Collaboration July 13, 2023

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The net proceedings will be used to support pivotal Phase 3 and additional studies with the Company’s lead product candidate AST2818 (furmonertinib), a highly brain penetrant, mutant-specific EGFR kinase inhibitor.


Lead Product(s): Furmonertinib

Therapeutic Area: Oncology Product Name: AST2818

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Sofinnova

Deal Size: $155.0 million Upfront Cash: Undisclosed

Deal Type: Series B Financing March 27, 2023

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AST2818 (furmonertinib) is an oral, small molecule, highly brain-penetrant, pan-EGFR mutant inhibitor that targets both classical (exon 19 deletion and L858R) and atypical EGFR mutations, including exon 20 insertion mutations as well as HER2 exon 20 insertion mutations.


Lead Product(s): Furmonertinib

Therapeutic Area: Oncology Product Name: AST2818

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable July 05, 2022

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Allist Pharma received approval for furmonertinib in EGFR T790M mutation-positive locally advanced or metastatic non-small-cell lung cancer (NSCLC) indications in China in March 2021.


Lead Product(s): Furmonertinib

Therapeutic Area: Oncology Product Name: AST2818

Highest Development Status: ApprovedProduct Type: Small molecule

Partner/Sponsor/Collaborator: Hillhouse Capital Group

Deal Size: $150.0 million Upfront Cash: Undisclosed

Deal Type: Series A Financing June 30, 2021

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