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BMS, Eisai Team Up To Accelerate Development Of Solid-Tumor ADC

 
• By Joseph Haas

The US firm gets development and co-commercial rights to MORAb-202 for $650m up front. BMS joins AstraZeneca, Merck & Co. and Gilead in recent ADC deal-making.

Lung Cancer
BMS is partnering with Eisai on an ADC with potential in solid tumors such as lung cancer

Bristol Myers Squibb Companyexpanded its involvement in the cancer antibody-drug conjugate space on 17 June, announcing a partnership with Eisai Co., Ltd. around Phase I/II ADC MORAb-202, which is being studied in folate receptor alpha (FRɑ)-positive solid tumors. The US pharma is paying Eisai $650m up front under the deal, including $200m to cover the Japanese firm’s R&D expenses, getting rights to develop and co-commercialize the product in major geographies including the US, Europe and Asia.

The deal follows transactions in the past 12 months in which major oncology players such as Merck & Co., Inc., AstraZeneca PLC and Gilead Sciences, Inc. either...

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