Active Filter(s):
Details:
Under the agreement, XOMA has acquired the royalty and milestone rights associated with two assets from LadRx Corporation, BRX-345 (arimoclomol), an oral therapeutic for Niemann-Pick disease type C, and aldoxorubicin, an albumin-linked formulation of doxorubicin.
Lead Product(s): Arimoclomol
Therapeutic Area: Rare Diseases and Disorders Product Name: BRX-345
Highest Development Status: Phase II/ Phase III Product Type: Small molecule
Partner/Sponsor/Collaborator: XOMA
Deal Size: $58.6 million Upfront Cash: $5.0 million
Deal Type: Agreement January 11, 2024
Details:
The Company expects to use the proceeds to advance its lead novel LADR-based anti-cancer drug, LADR-7 (AE-keto-sulf07) towards an IND filing with the FDA.
Lead Product(s): AE-Keto-Sulf07
Therapeutic Area: Oncology Product Name: LADR7
Highest Development Status: IND Enabling Product Type: Large molecule
Partner/Sponsor/Collaborator: XOMA
Deal Size: $11.0 million Upfront Cash: Undisclosed
Deal Type: Financing June 22, 2023
Details:
INNO-206 (aldoxorubicin) is a prodrug of doxorubicin that binds endogenous albumin after administration. The bound doxorubicin is released in the acidic environment of the tumor cell through cleavage of an acid sensitive linker and expresses antitumor efficacy and toxicity.
Lead Product(s): Aldoxorubicin
Therapeutic Area: Oncology Product Name: INNO-206
Highest Development Status: Phase II Product Type:
Partner/Sponsor/Collaborator: Not Applicable
Deal Size: Not Applicable Upfront Cash: Not Applicable
Deal Type: Not Applicable March 27, 2023