5 CLINICAL NEWS 16 FINANCIAL NEWS Deals, Sales & Marketing, Other Regulatory, Clinical Results, Completed Offerings, Other News Clinical Status Financial News
WEEK OF SEPTEMBER 25, 2017 1 COMPANY NEWS 5 CLINICAL NEWS 16 FINANCIAL NEWS Deals, Sales & Marketing, Other Regulatory, Clinical Results, Completed Offerings, Other News Clinical Status Financial News COMPANY NEWS line data are expected in mid-2018 from Phase III trials to treat myelodysplastic syndromes (MDS) and beta-thalassemia (see DEALS BioCentury, Aug. 8, 2011). Luspatercept is a modifiedACVR2B fusion protein that inhibits Acceleron Pharma Inc. (NASDAQ:XLRN), Cambridge, Mass. several ligands in the transforming growth factor (TGF) beta (NASDAQ:CELG), Summit, N.J. Celgene Corp. superfamily. Business: Cancer, Hematology, Cardiovascular Acceleron Pharma Inc. (NASDAQ:XLRN) gained worldwide Arcus Biosciences, Hayward, Calif. rights to develop and commercialize sotatercept to treat pulmonary Taiho Pharmaceutical Co. Ltd., Tokyo, Japan hypertension, amending a deal with partner Celgene Corp. Business: Cancer (NASDAQ:CELG). Acceleron expects to begin a Phase II trial of Cancer company Arcus Biosciences (Hayward, Calif.) granted Taiho sotatercept to treat pulmonary arterial hypertension (PAH) in 1H18. Pharmaceutical Co. Ltd. (Tokyo, Japan) an option to develop and In 2008, Acceleron and Celgene partnered to co-develop and commercialize compounds in Japan and other Asian territories commercialize Acceleron's sotatercept for all indications, with an excluding China. Arcus said the deal includes anything listed on its initial focus on cancer, including breast and ovarian cancers, and pipeline chart. cancer-related bone loss. At the time, Acceleron received $50 million Arcus will receive $35 million over the first three years of the five- up front, including a $5 million equity investment by Celgene, and year agreement and is eligible to receive up to $275 million in was eligible for up to $510 million in milestones, plus tiered royalties milestones for each molecule, plus high-single to mid-double-digit (see BioCentury, Feb.
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