Pfizer Inc. is returning to its cancer immunotherapy roots in a pact with OncoImmune Inc. that will give the big pharma an option to license a preclinical anti-CTLA-4 monoclonal antibody. Pfizer agreed to pay $250m in upfront and potential milestones for the option to license ONC-392, which could be less toxic than first generation CTLA-4s.
The deal is tantamount to Pfizer admitting it made a mistake out-licensing its own CTLA-4 inhibitor tremelimumab to AstraZeneca PLC in 2011 [See Deal]. The question now...
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