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Executes a Global Licensing Term Sheet for Oncology\/Hematology Products, Expecting Licensing Income of $55M and Royalties of up to $50M","therapeuticArea":"Oncology","highestDevelopmentStatus":"Phase I\/ Phase II","country":"U.S.A","productType":"Large molecule","productStatus":"New Molecular Entity","date":"April 2024","url1":"","url2":"","graph1":"Oncology","graph2":"Phase I\/ Phase II"}]
Find Clinical Drug Pipeline Developments & Deals by ABVC BioPharma
ABVC would grant OncoX an exclusive global rights to develop and commercialize its oncology/hematology pipeline, including ABV-1519 for triple negative breast cancer, ABV-1501 for NSCLC, ABV-1702 for myelodysplastic syndrome and ABV-1703 for pancreatic cancer.
Under the agreement, ForSeeCon gain access to ABVC's ophthalmology pipeline, which includes the medical device Vitargus (hyaluronic acid-derived therapy), the first biodegradable vitreous substitute to facilitate retinal reattachment surgery.
Under the agreement, ABVC out-licenses its CNS drugs with the indications of MDD (Major Depressive Disorder) and ADHD (Attention Deficit Hyperactivity Disorder), including ABV-1504, a botanical reuptake inhibitor for MDD.
Under the agreement, ABVC out-licenses its CNS drugs with the indications of MDD (Major Depressive Disorder) and ADHD (Attention Deficit Hyperactivity Disorder), including ABV-1504, a botanical reuptake inhibitor for MDD.
Under the agreement, ABVC licenses its CNS drugs, ABV-1504 and ABV-1505 with the indications of Major Depressive Disorder and Attention Deficit Hyperactivity Disorder, respectively, to AiBtl BioPharma.
ABV-1505 (PDC-1421) is a norepinephrine transporter (NET) inhibitor indicated for attention deficit hyperactivity disorder (ADHD). It has demonstrating a highly significant 13.2-point reduction in depression as compared to a 9.2-point reduction for the placebo group.
PDC-1421 (radix polygalae extract) is a norepinephrine transporter (NET) inhibitor indicated for attention deficit hyperactivity disorder (ADHD). It has demonstrating a highly significant 13.2-point reduction in depression as compared to a 9.2-point reduction for the placebo group.
Under the agreement, ABVC gains exclusive licensing of ABV-1504 for Major Depressive Disorder (MDD) and ABV-1505 for Attention-Deficit/Hyperactivity Disorder in mainland China.
The Company intends to use the net proceeds on research and development of their programs, including ABV-1501, a polysaccharide extract from Grifola frondosa Maitake mushroom, which exhibits immune-modulation effects in peripheral blood in breast cancer patients.
Lead Product(s):
Grifola frondosa Maitake Mushroom Extract
PDC-1421 (radix polygalae extract) is a drug product of ABV-1504, it is a botanical-based Norepinephrine Transporter (NET) inhibitor, it is being indicated for treatment of Attention-deficit/hyperactivity disorder.
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