In May 2019, Numab entered into an exclusive regional licensing agreement for the development and commercialization of its most advanced…
In May 2019, Numab entered into an exclusive regional licensing agreement for the development and commercialization of its most advanced proprietary asset NM21 with CStone Pharmaceuticals. Pursuant to the terms of the licensing agreement, CStone funds the research and development of NM21, a potential best-in-class monovalent, tri-specific antibody-based molecule targeting PD-L1, 4-1BB, and serum albumin, up to completion of a first Phase 1b clinical trial. In exchange, CStone obtains exclusive rights to develop and commercialize NM21 in Greater China, including Mainland China, Hong Kong, Macau, and Taiwan, as well as South Korea and Singapore. Numab retains all NM21 rights for the rest of the world. Upon completion of CStone’s funding period, no further financial obligations will be owed by either party.
For more information about CStone Pharmaceuticals, please visit: www.cstonepharma.com