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Endocyte's ABX Deal To Serve As Springboard For Radioligand Pipeline

 
• By Emily Hayes

Company gains worldwide rights to mid-stage therapy 177Lu-PSMA-617, which would compete with Bayer/Algeta's radiopharmaceutical Xofigo in metastatic castration-resistant prostate cancer.

businessman and businesswoman are shaking hands and exchanging folder after agreement was reached

Endocyte Inc.intends to use a deal to acquire worldwide rights for the prostate cancer therapeutic 177 Lu-PSMA-617 from ABX SA in Germany as a springboard for building a pipeline of radioligand therapeutics.

Endocyte described the deal in a statement as "transformational… accelerating our path to commercialization

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