
AstraZeneca and Merck Enter License Agreement for Ovarian Cancer Therapy
AstraZeneca and Merck & Co. form a licensing agreement for Merck?s oral small-molecule drug for ovarian cancer.
WEE1 helps to regulate the cell-division cycle. The WEE1 inhibitor MK-1775 is designed to cause certain tumor cells to divide without undergoing the normal DNA repair processes, ultimately leading to cell death. Preclinical evidence suggests that the combination of MK-1775 and DNA damage-inducing chemotherapy agents can enhance antitumor properties in comparison to chemotherapy alone.
Under the agreement, AstraZeneca will pay Merck a $50-million upfront fee. In addition, Merck will be eligible to receive future payments tied to development and regulatory milestones plus sales-related payments and tiered royalties. AstraZeneca will be responsible for all future clinical development, manufacturing, and marketing. The agreement is subject to approval of customary antitrust provisions.
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