Japan’s Kyowa Kirin Co. Ltd. has acquired rights in most global markets to MEI Pharma Inc.’s phosphatidylinositol 3-kinase (PI3K) delta inhibitor ME-401, a promising oral, once-daily candidate moving through clinical development in follicular lymphoma and B-cell malignancies.
The major deal builds on and expands a November 2018 license agreement between the firms for the molecule in the Japan market and will immediately give MEI $100m upfront in cash as well as an