Bristol Likes What It Sees In Five Prime, Invests More In CSF1R Program

Bristol agreed to pay $350m upfront for global rights to Five Prime’s CSF1R antibody program, including FPA008, in a deal that builds on the companies’ previous clinical collaboration agreement.

Bristol-Myers Squibb Co. is upping its commitment to Five Prime Therapeutics Inc. and the antibody developer’s colony stimulating factor 1 receptor (CSF1R) antibody program with a new global licensing deal announced Oct. 15.

The deal replaces an existing clinical collaboration between the two companies signed in November 2014 to study Five Prime’s lead CSF1R antibody FPA008 in combination with Bristol’s PD-1 inhibitor Opdivo (nivolumab) in six cancer indications, suggesting the two companies want to move even more aggressively to develop

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