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Aptose Biosciences Announces Exclusive License Agreement for Dual BET/Kinase Targeting Program With OHM Oncology
Mar. 07, 2018 08:41AM PST
Biotech InvestingAptose Biosciences (NASDAQ:APTO) a clinical-stage company developing highly differentiated therapeutics that target the underlying mechanisms of cancer, today announced an exclusive global license agreement that provides OHM Oncology (“OHM”) with the rights for the development, manufacture and commercialization of APL-581, as well as related molecules from Aptose’s dual bromodomain and extra-terminal domain motif (BET) protein and …
Aptose Biosciences (NASDAQ:APTO) a clinical-stage company developing highly differentiated therapeutics that target the underlying mechanisms of cancer, today announced an exclusive global license agreement that provides OHM Oncology (“OHM”) with the rights for the development, manufacture and commercialization of APL-581, as well as related molecules from Aptose’s dual bromodomain and extra-terminal domain motif (BET) protein and kinase inhibitor program.
As quoted in the press release:
“We are pleased to formalize a new phase of our partnership with OHM Oncology, which originated in late 2015 from the work performed by its R&D partner LAXAI Life Sciences (LAXAI) on a discovery stage program,” said William G. Rice, Ph.D., Chairman, President and Chief Executive Officer. “We have every faith that OHM can advance the program to the next stage and create value for both organizations and valuable therapeutics for cancer patients.”