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Dr Reddy’s gains rights to sell Immutep’s cancer drug outside key markets in deal up to $349.5M.
Dr Reddy’s Laboratories has secured exclusive rights to develop and commercialize Immutep’s cancer drug eftilagimod alfa in regions outside North America, Europe, Japan, and Greater China under a deal worth up to $349.5 million in potential milestones.
The Indian company will pay an upfront $20 million, with double-digit royalties on sales, while Immutep retains manufacturing and commercial rights in key markets.
The drug, currently in a Phase III trial for non-small cell lung cancer and being studied for other cancers, aims to enhance immunotherapy effectiveness.
The partnership marks a strategic expansion for Dr Reddy’s in global oncology.
El Dr. Reddy's obtiene los derechos para vender el fármaco contra el cáncer Immutep's fuera de los mercados clave en un acuerdo de hasta $349.5M.