RAC 0.57% $1.75 race oncology ltd

Pillar 1 - FTO (new thread), page-18

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    Another partnership, pre-clinical (early Phase I). In PD-I blockade space.

    https://www.bioworld.com/articles/5...as-cancer-tie-up-with-biond-valued-at-1b-plus

    cancer prospect BND-22, a humanized IgG4 antagonist antibody targeting the Ig-like transcript 2 (ILT2) receptor in development for the treatment of solid tumors
    • Israel-based Biotech ( so ... partnerships do happen for companies outside the US )
    • IND filed for Phase I trial planned to start in 2021.
    • USD $125M upfront
    • + USD $1B in milestones
    • Tiered double-digit royalties
    From

    https://www.prnewswire.com/news-rel...or-targeting-the-ilt2-receptor-301206200.html

    Biond will lead the first-in-human, phase 1a study of BND-22, evaluating its safety and tolerability as a single agent and in combination with approved cancer therapeutics as well as exploring potential associations between BND-22 anti-tumor activity and select tumor and blood-based biomarkers; Sanofi will assume clinical development and commercialization responsibilities thereafter.

    So the approach of identifying Biomarkers is similar to what RACE is doing for FTO. So I guess the above validates RACE's strategy.

    Screen Shot 2021-01-13 at 5.09.26 am.png
    Last edited by wombat777: 13/01/21
 
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